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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)
Magadan region, Far East, Russia
Mining type

Conventional shovel-and-truck open-pit operation

2017 production
2016 production
10.1 mtpa1Processing capacity
16 million Proven and Probable Reserves (ounces)
34 million Measured, Indicated an Inferred Mineral Resources (ounces)

Located about 400 km away from the city of Magadan in the Far East of Russia, Natalka is a large open-pitable deposit.

Full-scale mining operations at the site restarted in January 2017. With the entire processing flowsheet fully functional, Natalka currently operates in a ramp-up mode at above 90% of its design capacity. Polyus anticipates production to be fully ramped up in the second half of 2018.

1Project Capacity