Press Release
PJSC Polyus
PJSC Polyus (MOEX — PLZL) (“Polyus”, the “Company”), the largest gold producer in Russia, notes S&P Global Ratings (“S&P”) assigning to the Company a “BB-” long-term corporate credit rating with Stable Outlook.
S&P has assigned this new rating to PJSC Polyus as the principal holding company of the Polyus group. The Company’s rating therefore brings it in line with that of Polyus’ controlling shareholder, Polyus Gold International Limited.
Polyus
Polyus (www.polyusgold.com) is the largest gold producer in Russia and one of the top 10 gold miners globally by ounces produced. The Company also holds the fourth largest mineral resources base in the world.
Polyus group’s principal operations are located in Krasnoyarsk, Irkutsk and Magadan regions and the Sakha Republic (Yakutia).
In 2015, the Company confirmed its status of one of the lowest-cost gold producers globally.
Enquiries:
Investor Contact
Sergey Krivokhizhin, Director Investor Relations
+7 (495) 641 33 77 ir@polyusgold.com
Media contact
Artem Gorbachev, Press Secretary
+7 (495) 641 33 77 gorbachevav@polyusgold.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.