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En Ru
  • Gold (USD) 1,224.50 -8.30
  • MOEX (RUB) 4,109.00 -40.00
  • LSE (USD) 32.40 -0.35
2,160 koz of gold
produced in 2017 (2016: 1,968 koz)
364 $/oz
Total cash cost per ounce sold
621 $/oz
All-in sustaining cash cost
Ore processed, kt
26,445 2016
28,663 2017
Adj. EBITDA $ mln
1,536 2016
1,702 2017
5 5 operating assets: 4 hard-rock mines and alluvial operations
2,721 $ mln
Total Revenue in 2017
0.10
Lost time injury frequency rate (LTIFR) per 200k hours worked in 2017 (2016: 0.13)
Factsheet

Polyus: the national gold mining champion

  • The largest gold producer in Russia and a top 10 gold producer globally with one of the lowest cost profiles
  • Proven & probable reserves amount to 68 moz — #2 globally

Our strategic priorities

  • Maintain and expand extensive reserve and resources base
  • Pursue capital-efficient growth opportunities
  • Preserve cost leadership
  • Strike balance between shareholder returns and optimal capital structure
  • Maintain high standards of corporate governance and disclosure
  • Maintain stringent health and safety standards

Listings on stock exchanges

  • Moscow Stock Exchange: primary listing since May 2006
  • London Stock Exchange: secondary listing since June 2017

Reserves and Resources

Proven & Probabale

68 mln ozGold

1.8 g/tGrade

Measured and Indicated

190 mln ozGold

1.8 g/tGrade

We are the national gold mining champion

  • The largest gold producer in Russia and a top 10 gold producer globally with one of the lowest cost profiles
  • Group’s proven & probable (P&P) reserves amount to 64 moz — #4 globally

Tracking our records. Financial highlights of FY 2017

Revenue $ mln
2,188 2015
2,458 2016
2,721 2017
Total cash cost $/oz
424 2015
389 2016
364 2017
All-in sustaining cash cost $/oz
596 2015
572 2016
621 2017
Adj. EBITDA $ mln
1,278 2015
1,536 2016
1,702 2017
Adj. EBITDA margin
58% 2015
62% 2016
63% 2017
Net Debt/ Adj. EBITDA
0.3 2015
2.1 2016
1.8 2017

Operational highlights

Ore processed kt
24,824 2015
26,445 2016
28,663 2017
Average grade in ore processed g/t
2.4 2015
2.5 2016
2.7 2017
Recovery rate, % koz
83.7 2015
83.9 2016
83.4 2017
Total gold produced ¹ koz
1,763 2015
1,968 2016
2,160 2017
Lost time injury frequency rate (LTIFR) per 200k hours worked
0.08 2015
0.13 2016
0.11 2017
Greenhouse gas (GHG) emissions CO2-e
3.29 2015
3.18 2016
3.03 2017
1Including gold in flotation concentrate

Asset overview FY17

Hard rock mines

Olimpiada Blagodatnoye Titimukhta Verninskoye Kuranakh
Rock moved, kt 76,067 75,859 419 18,378 31,951
Stripping ratio, t/t 5.2 4.9 2.2 3.9 4.3
Ore mined, kt 12,184 12,833 131 3,747 5,977
Grade in ore mined, g/t 4.08 1.94 1.62 2.18 1.18
Ore processed, kt 12,442 8,161 - 2,789 4,701
Grade in ore processed, g/t 3.8 1.99 - 2.6 1.30
Recovery, % 80.7 87.8 - 88.5 88.5
Dore gold, koz 1,176.6 457.6 - 206.6 171.8
Total gold output, koz 1,1772 456.7 -40.2 205.7 171.5

2 Including 170 koz of gold contained in concentrate

Alluvial operations

Assets Sands washed, km³ Average grade, g/t Gold in slime, koz Refined gold production, koz
Alluvials 8,342 0.54 145.5 145.7