Polyus Gold

Polyus Aldan develops heap leaching

The heap leach facility of Polyus Aldan in South Yakutia is in another season, which started in April and will last until the onset of cold weather.

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Polyus to place 700 thousand shares in favor of its subsidiary

The gold mining company Polyus plans to issue 700,000 additional shares, or about 0.5% of the charter capital, by private subscription in favor of its subsidiary Polyus Krasnoyarsk.

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23.79 tons of gold are produced in Kolyma since the beginning of the year.

Compared to the same period in 2018, precious metal mining in the region grew by 25.8%.

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In January-June Polyus increases its profit under IFRS by more than 2 times.

In January-June 2019 the net profit of PJSC Polyus under IFRS jumped to $ 947 million from $ 358 million in the same period in 2018, according to the company’s report.

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Polyus's gold production in H1 and other results

As it was reported, in January-June 2019, Polyus increased gold production by 16% to 1.285 million ounces (40 tons) due to growth of production at all fields and reaching by the Natalka deposit of

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In the first half of the year, Polyus produced 40 tons of gold, the plan for the year is 87 tons

In the first six months of 2019, Polyus increased gold production by 16% compared to the same period last year to 1.285 million ounces (approximately 40 tons), the company reports.

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More than 18 tons of gold were produced by subsoil users of Kolyma since the beginning of the year

The subsoil users in the Magadan region produced 18 471.7 kg of gold in the first six months of the year. In annual comparison, the indicator increased by 37.5%.

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9.7 tons of gold produced from depths of the Irkutsk region in H1

In the first six months of the current year, gold production in the Irkutsk region was 9 702 kg.

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Polyus expands resource base of Lenzoloto due to new placer for 92 million rubles

Gold-mining company Lenzoloto (member of Polyus group) has won an auction for the alluvial gold site the Zhuya river with its tributaries, on the part of the valley between the Norichi and Kizin st

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