Stocks & stats Back
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
Lost time injury frequency rate (LTIFR) per 200k hours worked in 2017 (2016: 0.13)

Polyus is committed to establishing strong and trusting relationships with local communities. We recognise how important this is for the well-being of the communities and for fostering regional development. The Group has a wide operational geography and consequently has an influence on various communities, including indigenous peoples, rural populations, and urban residents. Polyus is committed to all these communities and strives to maximise the positive impact it has on them that arise during the course of its activities, at the same time as mitigating any negative ones.

The Group influences the communities where it operates both directly and indirectly. It impacts communities directly through employment, paying salaries, and engaging in charity and sponsorship projects; it affects communities indirectly through tax payments, contributing to local physical and social infrastructure, and creating additional demand, which, due to the multiplier effect, leads to improved economic activity in the regions of operation.

The Group seeks to establish long-lasting relationships of trust with each stakeholder that it engages with. Such relations require channels of communication to allow regular feedback. The following communication channels allow the Group to reach and interact with local communities:

  • the participation of local people in events organised by the Group;

  • newsletters and targeted communications;

  • public hearings and meetings.

Stakeholder engagement and community development activities are regulated by respective corporate policies: the Stakeholder Engagement Policy, the Human Rights Policy, and the Policy on Charity, Sponsorship and Donations.