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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

Sustainability approach

Sustainability approach

Pavel Grachev, Chief Executive Officer of PJSC Polyus:

Over the years, Polyus has made significant progress in embedding sustainability across our operations. As a major enterprise, we must work responsibly to ensure that Polyus continues to create value for all of our stakeholders. This involves a commitment to developing our employees and protecting the broader communities where we operate as well as the natural environment.


Key sustainability progress

We measure our sustainability progress against four focus areas:

  1. Ensuring the safety of our employees
  2. Developing our people
  3. Managing our environmental impact; and
  4. Supporting community development.

Ensuring the safety of our employees

2017 Priorities

  • Reduce injury rate
  • Zero fatalities
  • Improve Health and Safety management system
  • Ensure compliance with international standards

2017 Progress

  • Injury rate reduced by 20%
  • Contractor injury rate reduced by 90%
  • Zero Fatalities
  • 85% of drivers engaged in passenger and dangerous goods transportation received “Protective driving” training
  • Sustainability Action Plan implementation completed, and passed ICMM audit

2018 Priorities

  • Implementation and certification of the integrated HSE management system
  • Zero injury rate
  • Reduce number of road traffic accidents and related injuries
  • Improve MedChecks quality — implement daily MedChecks
  • Implementation of HSE Leadership standard
  • Increase safety culture level to 2.2 by 2018 and 2.5 by 2020 on the Bradley scale

Managing our environmental impact

2017 Priorities

  • Reduce greenhouse gas emissions
  • Enhance energy efficiency
  • Improve waste management practices
  • Implement new environmental standards
  • Reduce number of severe environmental incidents

2017 Progress

  • 4.8% reduction in greenhouse gas emissions
  • $40.6 million spent on environmental protection
  • 45.2kWh energy saved per kg gold produced
  • 89% of water recycled and reused

2018 Priorities

  • Work towards a 15% reduction in greenhouse gas emissions by 2020
  • Implementation of corporate standards on Reclamation and Mine Closure and a Standard on Cyanide Management
  • Develop a Company Waste Utilisation Campaign
  • Biodiversity assessments at all business units
  • Introduce Environmental protection and Greenhouse gas management corporate training courses

Supporting community development

2017 Priorities

  • Develop infrastructure in our regions of operation
  • Provide social support through charity, donations and sponsorship
  • Implement federal and national projects that deliver a range of social and economic benefits
    • 2017 Progress

      • $42.6 million allocated to social support activities
      • Over 90% of social expenses allocated to charitable projects
      • Increased support for arts and culture

      2018 Priorities

      • Improve goal-setting process for community engagement
      • Support the third Polyus Golden Season Theatre Competition
      • Continue construction of Sirius school project