In 2017 Vysochaishiy increased gold output by 37% YoY, to 224.5 thousand ounces (6.983 tons), mostly because of the growth at Taryn GOK.
This year the company expects the output to grow to 280-300 thousand ounces. The increase will be the result of Taryn GOK and Ugakhan site GOK reaching their project capacities.
Revenue from gold sales last year grew by 33%, to $271 million. Sales totaled 218 thousand ounces (+34%) at the average price of $1265 per ounce (+2%).
As of late 2017 Vysochaishiy debt is estimated at $176 million, up from $99 million YoY. (Ukrainian metal)
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