Polymetal Mining News

RANKED: Top 10 lowest cost gold mines on the globe

Barrick's South Arturo loses top spot, two other Barrick mines dropped from top 10 ranking.

Russia considers export ban on precious metals scrap

The proposed ban would last from May 1 to Oct. 31 this year.

Russia's Polymetal says its ore, gold reserves rose in 2018

Polymetal increased its ore reserves by 15 percent last year to 24 million ounces of gold equivalent.

Russia's Polymetal starts construction at new gold mine

The plan includes 19 years of open-pit mining in 2019-2037.

Chaarat Gold buys Armenian mine from Russia’s Polymetal for $55m

Deal is part of Chaarat’s intention of becoming a major regional player in Central Asia, with an annual production of 1 million ounces, which aims to reach through acquisitions.

Chaarat Gold says Centerra refused C$2B offer for firm, not just Kumtor

The gold miner has given up on Kumtor and decided to focus its efforts on completing a deal for Armenia-based Kapan Mining instead

Top 10 lowest cost gold mines make money if price falls 50%

The top 10 ranking of the lowest all-in cost gold mines in the world – former US president Herbert Hoover was once in charge of no. 8 on the list.