Polyus Gold broke the world record on efficiency
Edited by Rhod Mackenzie / 2016-03-17 08:17:19
In 2015, Polyus Gold was declared the most efficient one among the 10 largest gold producing companies in the world. The assets, located in Krasnoyarsk region, provided “Polyus Gold” the leading positions in the sector.
According to the company’s report under the international standards, adjusted EBITDA profitability (earnings before deduction of expenses on interest payment and taxes and accumulated amortization) increased from 45% in 2014 to 58% in 2015, and adjusted net profit increased by 47% to $901 million.
