Polymetal can decline investment
Edited by vadim / 2013-08-29 06:47:51
In 2013, Polymetal can decline capital investment from $250 million to $220-240 million, versus the plans announced in June 2013, the CEO V. Nesis says. In H1, total capital investment declined by 11% to $181 million. He explains that the decline happens as all large investment projects of the company are completed with the launch of the concentrating plant at the Mayskoye deposit in April 2013. In H2 2013, the company will invest mostly to maintenance of capacities and geological exploration.
