Polyus Gold reports on Q2 and H1 results
Edited by Rhod Mackenzie / 2015-07-22 01:19:04
Polyus Gold (Polyus Gold International Limited) has published its Q2 and H1 results.
The total production volume of fine gold at the enterprises of Polyus Gold in Q2 2015 made up 432 thousand ounces (over 12.2 tons)- by 22% more than in Q1. Gold production in H1 made up 783 thousand ounces (about 22.2 tons), by 5% more than in H1 2014.
The growth of production volumes is explained by Polyus Gold by the growth of extraction and gold mining at a number of its deposits, including at the deposits of the Krasnoyarsk region – Olimpiadinsky and Titimukhta. In Q2 the record volumes of ore processing were reached at the Olimpiadinsky deposit – 2.5 mln tons and level of gold extraction of 79.2%.
