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Polyus posts production record

Russia’s largest gold producer Polyus (RU:PLZL) is on track to meet is 2017 production guidance after a record September quarter.

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The strong quarter was driven by higher production at the Olimpiada (pictured), Verninskoye and Kuranakh mines

The miner produced 642,000 ounces of gold during the period, up 16% year-on-year, which brought output for the January-September period to 1.58 million ounces. It aims to produce 2.075-2.