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  • Gold (USD) 1,224.50 -8.30
  • MOEX (RUB) 4,107.00 -42.00
  • 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
Regulatory disclosure

Polyus EGM approves dividend for 1H 2017

PJSC Polyus

PJSC Polyus (LSE, MOEX - PLZL) («Polyus», or the «Company»), the largest gold producer in Russia, announces that the Company’s Extraordinary General Meeting, held on 15 September 2017 by absentee vote, approved the payment of dividends for the first six months ended 30 June 2017 in the amount of 104.3 Russian roubles per ordinary share.

This is equivalent to approximately 1.8 U.S. Dollars per ordinary share or 0.9 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 57.7706 Russian roubles per 1 U.S. Dollar as of 15 September 2017.

The total dividend payout amounts to 13,759,716,172.60 Russian roubles, which as of 14 August 2017 (the dividend recommendation date) corresponded 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 record date is 25 September 2017.

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.