Polyus Gold

The Irkutsk Region extracts over 19 tons of gold within three quarters.

Of the total volume, 8.5 tons of precious metals were obtained in placers, 10.5 tons were extracted in deposits of native gold.

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Polyus places bonds for 15 billion rubles with a yield of 7.53-7.74% per annum

On October 4 from 11: 00 to 15: 00 GMT Polyus plans to collect applications for exchange-traded bonds of the PBO-01 series, a source on the market reports.

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Even more gold to be produced in Irkutsk region

Polyus, the largest gold producer in Russia, is increasing production at Verninsky GOK (Polyus Verninskoye) and investing in development of existing assets, and in 2026 plans to start the productio

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17.5 tons of gold are mined in Bodaibo.

17,436 kg of gold were mined in the Bodaibo district, of which alluvial - 7,592 kg, ore - 9,844 kg, according to data as of September 16, 2019.

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Export of precious metals to be facilitated for Russian mining companies

Russian gold mining companies and refineries can get the right to issue general licenses for the export of gold and silver bars instead of one-time licenses - the relevant amendments were prepared

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In Jan-Sept 30.2 tons of gold produced in Magadan

In January-September of this year, the gold mining enterprises of the Magadan Region increased the production of precious metals by 23.1%, up to 30.2 tons.

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In the first seven months, Irkutsk region produced 12.4 tons of gold

In January-July 2019, production of ore and alluvial gold in the Irkutsk region amounted to 12 412 kg, which is by 1.2% more than in the same period a year earlier.

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Polyus Aldan increases ore processing at Kuranakh to 5.8 million tons per year.

The increase in production is due to the implementation of the technical re-equipment program.

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Polyus’ Board of Directors recommends dividend for the half year

Polyus’ Board of Directors has recommended that shareholders pay dividends in the amount of 162.98 rubles per share for the first six months of 2019, the company reports.

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