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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
Local communities

Gold mining companies invariably have an impact on the regions where they operate, due to the very nature of their operations. Polyus works hard to ensure that its business improves people’s lives and contributes towards the development of local communities. Our company is one of the largest taxpayers and employers in the areas in which it operates, and we also work proactively to have a positive impact on local communities, including running various social and charity programmes and infrastructure projects. Our corporate Policy on Charity, Sponsorship and Donations acts as a guideline for these activities, ensuring we have a unified approach in of all the regions where Polyus mines gold.

As a member of the International Council on Mining and Metals (ICMM), Polyus is committed to ICMM principles, including:

Contact with stakeholders

Polyus maintains open dialogue with all of its stakeholders to ensure that we operate with rigorous consideration for their rights and interests.

This includes establishing trust with people living close to our sites. We successfully take a number of engagement approaches, including:

  • Public hearings, consultations and meetings
  • Distributing information leaflets
  • Feedback via our 24h Hotline, anonymous post boxes at our business units and email

Following global best practices

Polyus fully complies with Russian legislations, but also assumes additional commitments, including those that come under ICMM membership. The company has several additional standards which reflect its social role:

  • Our Resettlement Standard works to mitigate the consequences of relocating people and businesses. Currently, Polyus is not engaged in relocation projects, but such projects may potentially occur as new mineral deposits are explored and developed.
  • Our Standard for Engagement with Indigenous Peoples was developed to regulate potential situations in which the company’s business could affect indigenous peoples and their land.

Our five key areas for charity and sponsorship:

  • Education and science
  • Sports and healthy lifestyle
  • Culture and art
  • Supporting society’s vulnerable groups
  • Environmental stewardship