In 2013, Polymetal increased gold production by 37%

In 2013, Polymetal increased production by 37% to 805,000 ounces (25 tons) of gold, and by 3% to 27.2 million ounces (846 tons) of silver, and reduced copper production by 26% to 4,841 tons. Total metal production increased by 21% to 1.282 million ounce in gold equivalent.

The company agreed the production plans for 2014 and 2015 at a rate of 1.3 million and 1.35 million ounces in gold equivalent. In particular, in 2014 the enterprises of Ducat and Omolon in the Magadan are going to produce correspondently 400,000 ounce and 170,000 ounces in gold equivalent.

They are going to produce 210,000 ounces in gold equivalent at Albazino in the Amur region, 140,000 ounce in gold equivalent at Mayskoye at Chukotka, 150,000 ounces in gold equivalent at Vorontsovskoye in the Sverdlovsk region, 120,000 ounces in gold equivalent at Khakanja in the Khabarovsk region and 110,000 ounces in gold equivalent at Varvarinskoye in Kazakhstan.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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