Stocks & stats Back
En Ru
  • Gold (USD) 1,283.85 +3.85
  • MOEX (RUB) 5,070.00 +10.00
  • LSE (USD) 42.50 +0.27
1,968 koz of gold
produced in 2016 (2015: 1,763 koz)
389 $/oz
Total cash cost per ounce sold
572 $/oz
All-in sustaining cash cost
Ore processed, kt
24,824 2015
26,445 2016
Adj. EBITDA $ mln
1,278 2015
1,536 2016
6 6 operating assets: 5 hard-rock mines and alluvial operations
2,458 $ mln
Total Revenue in 2016
0.12
Lost time injury frequency rate (LTIFR) per 200k hours worked in 2016 (2015: 0.08)
Factsheet
Press Releases

1H 2017 Dividend Recommendation

PJSC Polyus

The Board of Directors (the «Board») of PJSC Polyus (LSE, MOEX - PLZL) («Polyus», or the «Company»), the largest gold producer in Russia, is recommending the dividends for the first six months ended 30 June 2017 for approval by the Company’s extraordinary general shareholders’ meeting («EGM») in the amount of 104,3 Russian roubles per ordinary share.

This is equivalent to approximately 1,73 U.S. Dollars per ordinary share or 0,87 U.S. Dollars per depositary share (with two depositary shares representing interest in one ordinary share) based on the currency exchange of the Central Bank of Russia of 60,19 Russian roubles per 1 U.S. Dollar as of 14 August 2017. The total proposed dividend payout amounts to 13,759,716,172,60 Russian roubles, which corresponds to approx.229 million U.S. Dollars, representing 30% of the Company’s EBITDA for 1H 2017 in line with the existing dividend policy.

The dividend is subject to approval by the Company’s shareholders at the EGM that will be held on 15 September 2017. It is expected that the dividend record date will be 25 September 2017.

Polyus

Polyus (www.polyus.com) is the largest gold producer in Russia and one of the top 10 gold miners globally with the lowest cost position. Based on its 2016 Ore Reserves and Mineral Resources, Polyus ranks second by attributable gold reserves and third by attributable gold resources among the world’s largest gold mining companies.

Polyus group’s principal operations are located in Krasnoyarsk, Irkutsk and Magadan regions and the Sakha Republic (Yakutia).

Enquiries:

Investor Contact
Victor Drozdov, Director Investor Relations
7 (495) 641 33 77 drozdovvi@polyus.com

Media contact
Victoria Vasilyeva, Director Public Relations
7 (495) 641 33 77 vasilevavs@polyus.com

Forward looking statement

This announcement may contain «forward-looking statements» concerning Polyus and/or Polyus group. Generally, the words «will», «may», «should», «could», «would», «can», «continue», «opportunity», «believes», «expects», «intends», «anticipates», «estimates» or similar expressions identify forward-looking statements. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus’ and/or Polyus group’s operations. Many of these risks and uncertainties relate to factors that are beyond Polyus’ and/or Polyus group’s ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as at the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.