Logo
  Saturday, January 23, 2021
Sign-In  |  Sign-Up  |  Contact Us  |  Bookmark 

Polymetal, one of Russia's largest gold and silver producers, reported
Polymetal, one of Russia's largest gold and silver producers, reported on Monday a 8% and 5% drop in silver and gold output in 2007 to 15.9 million and 242,000 ounces year on year respectively.

"The year 2007 proved to be the lowest point for our company both in production and financial results," Polymetal CEO Vitaly Nesis said.

The company plans to produce 250,000-270,000 ounces of gold and 17-18 million ounces of silver this year.

Polymetal runs operations in Russia's Far East (the Magadan Region and Khabarovsk Territory), and Siberia (the Sverdlovsk and Chita regions, and the Krasnoyarsk Territory).

Last Friday, Polymetal closed a deal to buy a promising project, Kubaka, in the Magadan Region.


Print Polymetal, one of Russia's largest gold and silver producers, reported Bookmark Polymetal, one of Russia's largest gold and silver producers, reported

Related News   
DecJanuary 2008Feb
MoTuWeThFrSaSu
31123456
78910111213
14151617181920
21222324252627
28293031123
45678910