Polymetal

Polymetal increases its share in Veduga gold ore deposit

Polymetal International plc has entered into an agreement to increase its share in the Veduga gold deposit to 74.3% by acquiring 31.7% share in Amikan, which owns a license for the Veduga deposit.

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In January-September, Polymetal increased gold production by 6%

In January-September 2018, Polymetal Int (combines the assets of Polymetal) increased gold production by 6% to 801 thousand ounces (24.914 tons), silver - decreased by 4% to 19.4 million ounces (60

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Polymetal increases its share in the Veduga gold deposit to 74.3%.

Polymetal International plc increases its stake in the Veduga gold deposit to 74.3%, the company informs.

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19 tons of gold and 86 tons of silver are mined in Chukotka since the beginning of the year.

Gold production in the region, in annual terms, decreased by 4%, silver - by 13%.

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Polymetal assesses Prognoz’s resources at 256 mln ounces of silver equivalent

Polymetal has published results of its mineral resources assessment in accordance with the JORC Code (012) for the Prognoz silver deposit.

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Polymetal revises its mineral resource forecast estimate.

Polymetal has revised its mineral resource estimate in accordance with the JORC Code (2012) for the Prognoz silver deposit, the company informs.

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Within first three quarters of 2018 nearly 19 tons of gold were mined in the Irkutsk Region.

The main volume of precious metals was provided by: JSC Polyus Verninskoye, PJSC Vysochaishiy, the group of companies Lenzoloto, and JSC Vitim.

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Polymetal consolidates 100% of Saumskaya mining company, bought 20% for $7 mln

Polymetal reported on Friday that it acquired the remaining 20% stake in Saumskaya mining company, which owns a license for the Saumskoye polymetallic deposit with resources of 435 thousand ounces

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Subsoil users of the Magadan Region extract 24,528.7 kg of gold.

As of September 1 subsoil users of the Magadan Region extracted 24,528.7 kg of gold.

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