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  • Gold (USD) 1,213.30 +0.45
  • MOEX (GBX) 6,199.73 -2.70
  • OTC (USD) 29.59 0.00
1,763 koz of gold
produced in 2015 (2014: 1,696 koz)
424 $/oz
Total cash cost
610 $/oz
All-in sustaining cash cost
Ore processed, kt
22,743 2014
24,740 2015
Adj. EBITDA $ mln
1,011 2014
1,268 2015
6 6 operating assets: 5 hard-rock mines and alluvial operations
2,189 $ mln
Total Revenue in 2015
0.08
Lost time injury frequency rate (LTIFR) per 200k hours worked in 2015 (2014: 0.09)
Factsheet
Blagodatnoye
Krasnoyarsk region, Eastern Siberia, Russia
Mining type

Conventional shovel-and-truck open pit operation

2015 production
2014 production
6.0 mtpaProcessing capacity
8.2 millionProven and Probable Reserves (ounces)
10.7 millionMeasured, Indicated an Inferred Mineral Resources (ounces)
1,986Employees

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 6 mln tonnes of ore per year, which makes it the largest ore processing plant in the Russian gold mining sector.