Stocks & stats Back
En Ru
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
Lost time injury frequency rate (LTIFR) per 200k hours worked in 2017 (2016: 0.13)
Press releases

Appointment of New Board Members of Polyus

PJSC Polyus

PJSC Polyus (LSE, MOEX — PLZL) («Polyus», or the «Company»), the largest gold producer in Russia, announces that Ms. Maria Gordon was appointed the Company’s new Independent Director on the Board of Directors (the «Board»). Mr. Sergei Nossoff was also elected as a member of the Board, following the election of the new Board at an extraordinary General Shareholders’ Meeting on 1 December 2017.

Following Ms.Gordon’s election, the number of Independent Directors on the Board has increased from three to four, comprising Maria Gordon, Edward Dowling, Kent Potter and William Champion.

Ms. Gordon has replaced Gulnara Kerimova on the Board, while Mr. Nossoff has taken over from Anastasia Galochkina. The Board continues to comprise nine members.

Ms. Gordon currently serves as a Non-Executive Director of the Moscow Exchange (MOEX) as well as a Senior Independent Director and Chairman of the Audit Committee of Alrosa, the world’s largest diamond producer. She has over 20 years of experience in finance, with previous roles including Managing Director at Goldman Sachs and Head of the emerging markets portfolio management team at PIMCO, the world’s second largest asset manager.

Ms. Gordon holds a B.A. in Political Science from the University of Wisconsin and a M.A. degree in Law and Diplomacy from The Fletcher School of Tufts University.

Mr. Nossoff currently serves as an Executive Director of Polyus Gold International Limited and Polyus Finance PLC. He has over 18 years experience in metals and mining, private equity and investment banking. His experience in the industry includes senior executive positions at GeoProMining Group, an international gold, copper and antimony producer and UC Rusal, a leading global aluminium producer.

Mr. Nossoff graduated from the European Business School and holds an Executive MBA from INSEAD.


Polyus ( 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).


Investor Contact
Victor Drozdov, Director Investor Relations
7 (495) 641 33 77

Media contact
Victoria Vasilyeva, Director Public Relations
7 (495) 641 33 77

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.