Polymetal

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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Polymetal to decide on development of the Viksha deposit not earlier than in 2 years

Polymetal will make a decision on development of the Viksha polymetallic deposit not earlier than two years after the Nezhdaninskoye deposit in Yakutia reaches its design capacity.

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Polymetal may refuse to sell Veduga

Polymetal Int may decide not to sell the Veduga deposit in the Krasnoyarsk region, chief executive officer of the company Vitaly Nesis told reporters on the sidelines of the MINEX Russia conference

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Polymetal to enter Tomtor

As the Kommersant expected, gold mining company Polymetal is going to enter a project of development of the Tomtor deposit of rare earth metals as a minority shareholder.

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Polymetal increases Vyksha reserves to 5.7 million ounces of palladium equivalent.

The resources of the Vyksha platinum group metal deposit, according to a new assessment with the JORC Code (2012), amount to 5.7 million ounces of palladium equivalent, Polymetal reports.

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The Polyanka gold deposit is put into commercial operation

In the spring, commissioning was started at the plant. At this time, the first gold was mined, and  by the fall still in test mode managed to produce 330 kg of precious metal.

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16.2 tons of gold and 75 tons of silver are produced at Chukotka since the beginning of the year.

According to the results of eight months of the year, in Chukotka Autonomous District 16.21 tons of gold were produced, of which 14.43 tons were ore and 1.78 tons - placer.

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Polymetal to receive up to 11 billion for projects in the Far East from Far East Development Fund

The Far East Development Fund and Polymetal Int (combines the assets of Polymetal) have agreed on joint implementation of projects in the Far Eastern Federal District and the Arctic, t

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Polymetal to invest up to 1 billion roubles into Kolyma deposits.

The Chief Executive Officer of Polymetal Int (combines the assets of JSC Polymetal) Vitaliy Nesis and the Governor of the Magadan Region Sergey Nosov signed an agreement on the development of the P

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