Gold production of Polyus increased by 7% QoQ, to 804,000 ounces in October-December 2019, the company said in a statement.
Revenue rose by 20%, to $1.277 billion, while an average gold price stood at $1,482 per ounce.
In the whole of 2019, gold output increased by 16%, to 2.841 million ounces. Sales revenue rose by 38%, to $3.965 billion, while the average price amounted to $1,403 per ounce.
Polyus confirmed its plan for gold output in 2020 at about 2.8 million ounces. (Prime/Ukrainian metal)