PROFIT & LOSS

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.

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

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 2.075-2.125Moz in 2017. ...

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