Polyus Mining News

These ten mines will make money – even if gold price falls to $550

Nevada gold mines keep "rocking the boat."

Russia's Polyus on track to boost gold output in 2019

Its 2018 production is on track to reach the upper end of its forecast range of 2.375-2.425 million troy ounces.

Russia's Polyus big step closer to building world's largest new gold mine

Moscow company's update on Sukhoi Log project envisages annual production of 1.6 million ounces for 35 years at less than $500 per ounce.

Russian gold miner Polyus posts 51 pct drop in Q1 net profit

Polyus gold, Russia's largest producer of the metal, reported first-quarter net profit down 51 percent at $244 million, hit by reduced foreign exchange gains and other non-cash items.

Polyus expects 2018 gold output at top of forecast range

Polyus, Russia's largest gold producer, said 2018 production was likely to be at the upper end of its forecast range of 2.375-2.425 million troy ounces.

The world's top 10 largest gold mining companies – 2017

Rough year shuffles ranks of global gold mining giants as Freeport makes a comeback – 2018 forecasts point to another tumultuous year.

Massive drilling campaign underway at legendary Russian gold deposit

Polyus starts 180,000m drilling campaign to update mineral reserve as early as July for 58 million ounce Sukhoi Log deposit explored since 1960s.

Russia's Polyus says Q3 net profit down 5 pct y/y

Adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) rose 7 percent to $475m while total revenue grew 5 percent to $744m.

Gold price correction sinks mining stocks

Heavy losses across the board – Barrick down 4.6% in massive volumes and second tier Canadian miners hardest hit.