Polymetal

Union of Gold Producers: In January-September, Russia increased gold production by 11%

According to preliminary results of January-September 2019, Russian enterprises produced 268.638 tons of gold mined and obtained as a result of associated production, including processing of scrap

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Polymetal switches to green energy in Magadan

The Omolon gold mining company, which is part of the Polymetal Group structures, has transferred its main asset to solar energy.

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20.9 tons of gold are mined at Chukotka within ten months.

Thanks to enterprises developing ore deposits of precious metals, the region managed to maintain the volume of gold production at the level of 2018.

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Polymetal plans to create joint venture with investor for Veduga

Polymetal Int plans to create a joint venture with an investor for development of the Veduga gold deposit in the Krasnoyarsk region, as it follows from the company’s presentation.

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Polymetal increases reserves of Kyzyl by 18% to 264.4 tons of gold

Polymetal Int (combines assets of Polymetal) has increased ore reserves of the Kyzyl project in Kazakhstan by 18% to 8.5 million ounces (264.4 tons) of gold in accordance with JORC (2012), the comp

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AGMK processed 35 thousand tons of concentrate from Kyzyl in the first three quarters of 2019

In the third quarter of 2019, Amur hydrometallurgical plant (Polymetal) processed 15 thousand tons of concentrate from the Kazakh Bakyrchik deposit (Polymetal’s Kazakhstani project of Kyzyl).

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Polymetal can invest about $20 million in Totmor

Polymetal is considering investing about $20 million in the Tomtor deposit development project in the Republic of Sakha (Yakutia).

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Polymetal may invest nearly $ 20 million into Tomtor.

JSC Polymetal is considering the possibility of investing almost $ 20 million into a project to develop the Tomtor field in Yakutia.

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In January-September, Polymetal increased gold production by 25%

In January-September 2019, Polymetal Int (combines assets of Polymetal) increased gold production by 25% to 1005 thousand ounces (31.259 tons), silver -decreased by 16% to 16.4 million ounces (510.

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Polymetal receives a $500 million loan from Sberbank for 10 years

Sberbank has opened a ten-year non-renewable fixed-rate credit line of $500 million for Polymetal Int (which unites the assets of Polymetal JSC), the company said.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
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