Russian gold miner Polyus appoints new CEO

Mining News Pro -Russian gold miner Polyus announced Monday the appointment of Alexey Vostokov as its new Chief Executive Officer.

Sanctioned Russian’s family sells $6 billion stake in Polyus

Mining News Pro - Said Kerimov, the son of sanctioned Russian billionaire Suleiman Kerimov, resigned from the board of gold miner Polyus PJSC on Monday, the same day his family’s holding company reduced its stake in the business to less than 50%.

Polyus reiterates 2.7Moz guidance

Mining News Pro - Polyus on Thursday reiterated its production guidance of about 2.7-million ounces for the year, following a strong operational second quarter and solid results from its throughput capacity expansion projects.

Gold miner Polyus switches to renewables

Mining News Pro - Russian gold major Polyus is switching 90% of its energy consumption at its mines to renewables, the company announced this week.

Polyus to spend $600m expanding Blagodatnoye

Mining News Pro - Polyus will spend $600 million on the construction of a new gold processing plant and upgrade of its Blagodatnoye mine in Siberia, the company’s second largest mine.

Polyus’ Siberian gold deposit has world’s biggest reserves

Mining News Pro - Russia’s top gold producer Polyus said on Thursday its giant Sukhoi Log gold deposit in Siberia was the world’s biggest by reserves both among greenfield assets and operating mines.

Polyus net profit up 63% on higher gold prices

Mining News Pro - Russian largest gold producer Polyus said on Monday that its second-quarter net profit rose 63% year-on-year to $684 million due to a 31% increase in gold prices.

Nearly 90 coronavirus cases reported at Polyus unit in Siberia

Mining News Pro - Nearly 90 cases of the novel coronavirus have been recorded among employees of Polyus Krasnoyarsk, a unit of Russia’s largest gold producer Polyus, the regional branch of Russia’s consumer health watchdog said on Saturday.

Polyus to launch covid-19 response fund in Russia

Mining News Pro - Polyus will co-found a fund in cooperation with the Far East Development Fund (FEDF) to finance activities aimed at preventing the spread of covid-19 in the Russian Far East region.

Russian gold miner Polyus posts 10% rise in Q2 net profit

Mining News Pro-MOSCOW – Polyus, Russia`s largest gold producer, on Friday reported second-quarter net profit of $114-million, up 10% year on year, due to higher gold sales and lower costs, partly related to the start of plans to sell antimony.

The world’s largest news gold mine is near to building by Russia’s Polyus

Mining News – one of the world`s largest untapped gold deposits reported by Russian gold miner Polyus

PJSC Polyus: first doré gold poured at Natalka

Mining News Agency - Pouring of first doré gold announced at Polyus’ main greenfield, miner expects full ramp-up of the mill to be completed by the end of 2018.

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