Polyus Gold

Polyus receives loan for $150 mln in European bank

Gold mining company Polyus entered into a loan agreement on pre-export financing with a total volume of $150 million.

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In 2018, Polyus increased total volume of gold production by 13%

In the fourth quarter of 2018, total volume of gold produced by Polyus, compared to the previous quarter, decreased by 8% to 637 thousand ounces (in the third quarter of 2018 - 691 thousand ounces)

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In 2018"Polyus" reduces profit under IFRS by 62%.

According to the results of 2018, the net profit of PJSC Polyus in accordance with IFRS dropped to $ 474 million from $ 1.24 billion in 2017, the company informs in a statement.

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1 260 kg of gold produced in Irkutsk region since the beginning of the year

In the first month of the year, gold mining enterprises received 1 260.2 kg of precious metal in the Irkutsk region. This is by 7% less than in January 2015.

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The updated figure for the resources of the Sukhoy Log gold deposit in the Irkutsk Region – 1,960 tons of metal.

Polyus PJSC (London and Moscow Stock Exchange - PLZL) (“Polyus” or “Company”) presents an updated mineral resource estimate for the Sukhoy Log deposit and publishes the resu

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Polyus increases JORC resources of Sukhoi Log by 9%

The consulting company AMC has updated assessment of mineral resources of the Sukhoi Log deposit in the Irkutsk region, Polyus reports.

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In 2018, Polyus increased gold production by 13%

In 2018, Polyus increased gold production by 13% to 2.436 million ounces (75.76 tons) mainly due to growth of production at the Olympiada field and launch of the Natalka deposit, the company report

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“Polyus” intends to explore the Purpolskaya Plishchad by 2025.

Preparing a project to conduct a geological study of the object is planned by September 1 of this year.

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Fitch increases rating of Polyus to BB with stable outlook

International rating agency Fitch has raised the issuer long-term default rating of the gold mining company Polyus to BB from BB-.

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In 2019 the Magadan Region to increase production by 14%.

In 2019 the Magadan Region expects to produce 40 tons of gold, which is 14% more than expected by the end of 2018, the regional governor Sergey Nosov stated at a meeting on the socio-economic devel

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