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Polyus beats guidance with 'strong' Q4 result

Russian miner Polyus beat its production guidance for 2019, with analysts praising a 7% increase in gold output versus the previous quarter.

Polyus beats guidance with 'strong' Q4 result Polyus beats guidance with 'strong' Q4 result Polyus beats guidance with 'strong' Q4 result Polyus beats guidance with 'strong' Q4 result Polyus beats guidance with 'strong' Q4 result

Polyus has received a generally favourable reaction to its Q4 results, with lower debt and increased production

Polyus produced 804,000oz of gold in the fourth quarter. Gold sales increased 20% in Q4 versus the previous quarter, to $1,277 million.