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COVID-19 update

Health and safety
  • No material COVID-19 outbreaks have so far occurred at our operations. Multiple employees tested positive for the virus with the vast majority of confirmed cases occurring during intra-shift breaks away from mines or during mandatory observatory period.
  • Health and safety of our employees and other people is our top priority. Strict precautionary procedures are maintained at all production sites despite gradual relaxation of state quarantine requirements in Russia.
    The procedures include:
    • daily temperature checks,
    • regular medical surveillance
    • 14-day isolation of new shifts with COVID tests performed twice — first upon arrival and then before allowing to proceed to work on-site.
  • Polymetal has organised isolated accommodation space for placement of potentially infected employees, enhanced hygiene protection in public spaces and increased control over disinfection and sterilisation measures. Adequate medical supplies are in place at all locations.
  • Personnel at off-site offices in Russia who report to work are tested on a rolling 2-week basis. Personal meetings and business trips are limited. Management offices in Kazakhstan continue to work remotely.
Business continuity
  • Russian regions are relaxing lockdown measures in respect of retail and other activities. The scope and pace, however, vary across regions. In Kazakhstan, a new quarantine was introduced from the 5th of July after the country had started experiencing the second wave of infections. Continuous operations and strategic industrial companies (including Polymetal) in both countries are allowed to continue operating at regular capacity.

  • Construction and development activities at Nezhda and POX-2 progressed on schedule. COVID-related restrictions and cautionary measures have not slowed down execution progress of these projects.

  • Sales and refining activities remain unaffected. Refineries in Russia and Kazakhstan continue to operate normally.

  • In both countries, Polymetal has had no interruptions either in production or supply chain. The vast majority of operating consumables and spares are sourced domestically and from China.

Assistance to communities
  • Polymetal continued to provide financial support to all regions of operations in Russia and Kazakhstan in order to prevent the spread of the COVID-19 pandemic. The Company has been purchasing critical medical equipment such as mobile X-Ray and anesthetic-respiratory machines, oxygen concentrators, ventilators, ultrasound machines, pulse oximeters, personal protection gear and other medical supplies for 25 regional and municipal hospitals, and volunteers. The total amount of donations in H1 amounted to RUB 129 million (US$ 1.8 million).

  • Polymetal remains committed to supporting local communities and investing in their health and safety especially during the pandemic. The Company will maintain its assistance to medical and dedicated volunteer institutions at all levels.

While the selected annual report is being downloaded, we want to draw your attention to the Sustainability Report. It provides detailed information on ESG indicators.

While the selected files are being downloaded, we want to draw your attention to the reports on the sustainable development of the company. They provide detailed information on ESG indicators.

You can also download historical data on sustainable development.

2019