The Ukrainian Metal

Russia: Polymetal gold output up in 2019

In 2019 Polymetal increased gold output by 3% YoY, to 1614 thousand ounces. The result is 4% higher than the initial manufacturing target of 1.55 million ounces.

In Q4 2019 gold output decreased by 15% YoY, to 383 thousand ounces.

Annual revenue grew by 19%, to $2.2 billion, and in Q4 2019 – by 1%, to $642 million. (Ukrainian metal)

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