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Polymetal organisational structure is designed for the business to operate in the most efficient way in accordance in the selected strategy and business model.

As at 22 September 2017, Polymetal held the following significant exploration, mining, and production subsidiaries:

Hub/Asset Name of Subsidiary Deposits/Function Country of Incorporation Interest held (%)
Dukat Magadan Silver JSC Dukat

Lunnoye

Arylakh

Goltsovoye

Olcha

Perevalnoye

Russia 100
Primorskoye LLC Primorskoye Russia 100
Omolon Omolon Gold Mining Company LLC Birkachan

Tsokol

Dalneye

Sopka Kvartsevaya

Oroch

Olcha

Burgali

Irbychan

Nevenrekan

Russia 100
Albazino Albazino Resources Ltd Albazino Russia 100
Mayskoye Mayskoye Gold Mining Company LLC Mayskoye Russia 100
Amursk POX Amur Hydrometallurgical Plant LLC Downstream processing facility Russia 100
Voro Gold of Northern Urals CJSC Voro

Tamunier

Russia 100
Saum Mining Company LLC Saum Russia 80
Okhotsk Okhotskaya Mining and Exploration Company LLC Avlayakan

Levoberezhny

Maimakan-Kundumi

Russia 100
Kirankan LLC Kirankan Russia 100
Svetloye LLC Svetloye Russia 100
Varvara Varvarinskoye JSC Varvara

Tarutin

Dolinnoye

Kazakhstan 100
Komarovskoye Mining LLC Komarovskoye Kazakhstan 100
Maminskaya Mining Company LLC Maminskoye Russia 100
Kyzyl Bakyrchik Mining Venture LLC Bakyrchik Kazakhstan 100
Inter Gold Capital LLC Bolshevik Kazakhstan 100
Kapan Kapan Mining and processing Company LLC Kapan Armenia 100
Lichkvaz CJSC Lichkvaz Armenia 100
Veduga GRK Amikan LLC Veduga Russia 42.65
Standalone exploration Semchenskoye Zoloto LLC Viksha Russia 100
Standalone exploration Kutyn Mining and Geological Company LLC Kutyn Russia 100
Standalone exploration UVGK Holding Ltd Nezhda Russia 17.7
Standalone exploration Prognoz Kutyn Russia 5
Engineering Polymetal Engineering JSC Research and engineering services Russia 100
Procurement Polymetal Trading Ltd Procurement and logistics Russia 100