In 2016 Polymetal produced 1.27 million ounces of gold equivalent, up from its target of 1.26 million ounces.
The annual gold output totaled 890 thousand ounces, up by 3% YoY, silver – 29.2 million ounces, down by 9% YoY.
The gold output plan is 1.4 million ounces for 2017 and 1.55 million ounces in 2018.
Expenses in 2017 will constitute $600-650 per ounce, and overall expenses – $775-825 per ounce of gold equivalent, up by 10% and by 3% YoY respectively. (Ukrainian metal)