In the light of recent developments, and in the interests of preserving shareholder value, the Board and the Special Committee have decided to consider all possible options available for divestment of JSC Polymetal and its subsidiaries.
Polymetal is a leading gold and silver producer with a high-quality, low-cost asset base.
Our portfolio comprises 8 producing assets and 4 major development projects across Russia. Our investments coupled with a rigorous approach to M&A activity are primarily focused on the turnaround of distressed assets, as well as under-explored near-mine areas with high potential that will contribute to significant long-term growth.
Magadan Region, RussiaOperating Mines: Dukat, Lunnoye, Perevalnoye, Primorskoye
Magadan Region, RussiaOperating Mines: Birkachan, Tsokol, Burgali
Khabarovsk Territory, RussiaOperating Mines: Albazino, Mayskoye, Kyzyl, Nezhda
Khabarovsk Region, RussiaOperating Mines: Albazino, Kutyn