PROFIT & LOSS

Record output for Polymetal

Gold miner Polymetal (LN:POLY) achieved record gold equivalent production in the September quarter, driven by strong output at the ramped up Svetloye heap leach operation and Mayskoye mine, as well as record production from Albazino and Varvara.

Staff reporter
Polymetal's Albazino openpit mine saw record production in the September quarter

Polymetal's Albazino openpit mine saw record production in the September quarter

The miner, which has operations in Russia, Kazakhstan and Armenia, produced 470,000 ounces of gold equivalent during the quarter, rising 26% year-on-year. By comparison, its output for the first six months of...

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