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1,968 koz of gold
produced in 2016 (2015: 1,763 koz)
389 $/oz
Total cash cost per ounce sold
572 $/oz
All-in sustaining cash cost
Ore processed, kt
24,824 2015
26,445 2016
Adj. EBITDA $ mln
1,278 2015
1,536 2016
6 6 operating assets: 5 hard-rock mines and alluvial operations
2,458 $ mln
Total Revenue in 2016
0.12
Lost time injury frequency rate (LTIFR) per 200k hours worked in 2016 (2015: 0.08)
Factsheet
Olimpiada
Krasnoyarsk region, Eastern Siberia, Russia
Mining type

Conventional shovel-and-truck open-pit operation

2016 production
1
2015 production
1
29.1 millionProven and Probable Reserves (ounces)
33.0 millionMeasured, Indicated an Inferred Mineral Resources (ounces)
8 mtpaProcessing capacity
3,163Employees
1 Including gold in concentrate

Located in one of Russia’s most prolific gold mining provinces, Olimpiada is Polyus largest operation. The mine began production in 1996 and currently accounts for over a third of the Company’s total gold output. The ore mined at the site is processed at two plants with a combined capacity of 8 mln tonnes of ore annually. To treat Olimpiada’s sulphide ores, Polyus employs BIONORD, the Company’s proprietary bio-oxidation technology. Successful exploration activities in the area indicate the potential for substantial extension of the life of this unique mine.