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Polyus announces production beat as ore throughput rises

Russia-focused gold miner Polyus reported slightly better than expected production in the September quarter, driven by increased ore throughput.

Polyus announces production beat as ore throughput rises Polyus announces production beat as ore throughput rises Polyus announces production beat as ore throughput rises Polyus announces production beat as ore throughput rises Polyus announces production beat as ore throughput rises

Polyus' Olimpiada mine in eastern Siberia

In a trading update on October 28, Polyus reported a 15% quarter-on-quarter increase gold output, with total volumes of 770,000 ounces exceeding consensus expectations of 757,000 oz.