The largest Russian gold miner Polyus in January-March increased output by 17% YoY, to 450 thousand ounces.
According to the company statement, the growth was stipulated by the output increase at Olimpiada, Blagodatnoye and Kuranakh deposits.
Ore processing increased by 4%, to 6.6 million tons. Ore mining went up by 26%, to 8.6 million tons.
Sales earnings increased by 19%, to $600 million, at an average price of $1258 per gold ounce. (Ukrainian metal)