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Gold sales, lower costs boost Polyus result

Gold miner Polyus (LSE:PLZL) saw double-digit growth for adjusted net profit, revenue and EBITDA in the June quarter on higher gold sales and lower cash costs.

Gold sales, lower costs boost Polyus result Gold sales, lower costs boost Polyus result Gold sales, lower costs boost Polyus result Gold sales, lower costs boost Polyus result Gold sales, lower costs boost Polyus result

The ramp-up of Polyus' Natalka operation is in its final stages

It reported adjusted net profit of US$457 million, up 68% on the year, which translated to an adjusted net profit margin of 66%, up from 44% a year ago. Operating profit was also up 18% to $385 ...