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Polymetal suspends costs guidance as ruble comes under pressure

Russia-focused miner Polymetal suspended its costs guidance for 2022, as the war in Ukraine and the resulting sanctions spreads uncertainty for miners.

Polymetal suspends costs guidance as ruble comes under pressure Polymetal suspends costs guidance as ruble comes under pressure Polymetal suspends costs guidance as ruble comes under pressure Polymetal suspends costs guidance as ruble comes under pressure Polymetal suspends costs guidance as ruble comes under pressure

"We are shocked and appalled by the events going on in Ukraine," Polymetal chief executive Vitaly Nesis said.