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 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.

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