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Polymetal keeps COVID-19 at bay; posts solid Q2 volumes

Another strong showing from Polymetal’s Kyzyl mine in Kazakhstan helped the Russia-headquartered miner post a solid set of Q2 numbers that were broadly in line with expectations.

Tom Hoskyns
Polymetal's Kyzyl mine in east Kazakhstan

Polymetal's Kyzyl mine in east Kazakhstan

The company reported gold equivalent production of 358,000oz, down 2% quarter-on-quarter but 1% ahead of consensus forecasts. The higher gold price saw Q2 revenue jump 30% year on year to US$641 million....

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