Russian assets

The Board has proposed to dispose on the Polymetal’s Russian business as this presents the most viable opportunity for the Group to restore shareholder value by removing or substantially mitigating critical political, legal, financial and operational risks to the Polymetal Retained Group.

More details

Overview

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.

Operations

— hub
— mining and processing
  • Dukat hub
    Magadan Region, Russia
    Operating Mines: Dukat, Lunnoye, Perevalnoye, Primorskoye
  • Omolon hub
    Magadan Region, Russia
    Operating Mines: Birkachan, Tsokol, Burgali
  • Amursk POX
    Khabarovsk Territory, Russia
    Operating Mines: Albazino, Mayskoye, Kyzyl, Nezhda
  • Albazino
    Khabarovsk Region, Russia
    Operating Mines: Albazino, Kutyn
  • Mayskoye
    Chukotka, Russia
    Operating Mines: Mayskoye
  • Svetloye
    Khabarovsk Territory, Russia
    Operating Mines: Svetloye
  • Voro
    Sverdlovsk Region, Russia
    Operating Mines: Voro, Saum, Pecsherny
  • Nezhda
    North-east Yakutia, Russia
    Operating Mines: Nezhda, Prognoz

Growth projects

— development project
— exploration

Development

Evaluation

Exploration

FY 2023 guidance
1,700 Koz Production GE
US$ 950-1,000/GE oz TCC
US$ 1,300-1,400/GE oz AISC
Reserves
and resources
Latest production
results

You are downloading Integrated Annual Report . Please note that some ESG data are available in Sustainability Performance Data 2021 (GRI and SASB) that outlines our key non‑financial performance information for financial year 2021. 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