Polyus Gold

"Polyus" digitizes Natalka.

PJSC Polyus intends to develop a geological-structural model of the Natalka gold deposit and a geostatistical block model of contents based on it, as follows from the tender materials in the form o

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Union of Gold Producers: In January-March, Russia increased gold output by 13.3%

In the first quarter of 2019, Russian enterprises produced 61.464 tons of gold, mined and obtained as a result of associated production, including the processing of scrap and waste metal, as well a

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Polyus plans to reduce CapEx to $600m in 2020-2022

Polyus plans to reduce capital expenditures to $600 million per year in 2020-2022, the company’s general director Pavel Grachev told the RIA Novosti on the sidelines of SPIEF.

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The Irkutsk Region increases gold production by 2.6%.

Within five months subsoil users extracted 6.5 tons of precious metal from deposits.

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Polyus attracts credit line for $40 mln from Intesa

Intesa Bank has opened a credit line for Polyus Krasnoyarsk (part of Polyus) in the amount of $40 million, the press centre of the bank reports.

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Polyus cuts Natalka’s capital expenditures by 72%.

Also in Q1 cash costs for production reduced.

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In January-March, Polyus increased its net profit 2 times

In January-March 2019, the net profit of Polyus increased over 2 times to $528 million.

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Polyus Aldan produces 2 tons of gold at Kuranakh.

The company expects to produce 6 tons by the end of the year.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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