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Polymetal ups dividend on strong earnings

Russian gold miner Polymetal International has doubled its interim dividend on net earnings of US$381 million for the first half of 2020, up 149% year-on-year, and reiterated full-year production guidance for 1.5 million ounces gold-equivalent at US$850-900/oz GE AISC.

Polymetal ups dividend on strong earnings Polymetal ups dividend on strong earnings Polymetal ups dividend on strong earnings Polymetal ups dividend on strong earnings Polymetal ups dividend on strong earnings

POX-2 autoclave installation at Amursk in Russia’s Khabarovsk Region

Polymetal said the US40c/share half-year dividend represented 50% of its underlying net earnings for the period of US$373 million, up 98% on the 2019 H1 number.

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