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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
0.10
Lost time injury frequency rate (LTIFR) per 200k hours worked in 2017 (2016: 0.13)
Factsheet
Blagodatnoye
Krasnoyarsk region, Eastern Siberia, Russia
Mining type

Conventional shovel-and-truck open pit operation

2017 production
2016 production
8.1 mtpaProcessing capacity
9.6 millionProven and Probable Reserves (ounces)
19 millionMeasured, Indicated an Inferred Mineral Resources (ounces)
1,589Employees

Located only 25 kilometres away from Polyus flagship operation, Olimpiada, Blagodatnoye is the Company’s second largest mine. Commissioned in July 2010, it boasts a processing capacity of 8.1 mln tonnes of ore per year, which makes it one of the largest ore processing plants in the Russian gold mining sector.