Polyus: the national gold mining champion
- The largest gold producer in Russia and a top-5 gold producer globally with one of the lowest cost profiles
- Proven & probable reserves amount to 104 moz — #1 globally
- Maintain and expand extensive reserve and resources base
- Pursue capital-efficient growth opportunities
- Preserve cost leadership
- Strike balance between shareholder returns and optimal capital structure
- Maintain high standards of corporate governance and disclosure
- Maintain stringent health and safety standards
Our strategic priorities
Reserves and Resources1
Proven & Probabale
60.8 mln ozGold
1.8 g/tGrade
Measured and Indicated
187.5 mln ozGold
1.8 g/tGrade
Listings on stock exchanges
- Moscow Stock Exchange: primary listing since May 2006
- London Stock Exchange: secondary listing since June 2017
Tracking our records. Financial highlights.
Revenue
$ mln
2 915 2018
4,005 2019
4,998 2020
Total cash cost
$/oz
348 2018
365 2019
362 2020
All-in sustaining cash cost
$/oz
605 2018
594 2019
604 2020
Adj. EBITDA
$ mln
1,865 2018
2,680 2019
3,690 2020
Adj. EBITDA margin
64% 2018
67% 2019
74% 2020
Net Debt/ Adj. EBITDA
1.7 2018
1.2 2019
0.7 2020
Operational highlights FY2020
Ore mined
kt
42,841 2018
66,095 2019
71,155 2020
Ore processed
kt
38,025 2018
44,078 2019
45,113 2020
Recovery rate, %
koz
80.8% 2018
82.3% 2019
83.8% 2020
Total gold produced2
koz
2,440 2018
2,841 2019
2,766 2020
Lost time injury frequency rate (LTIFR)
per 200k hours worked
0,09 2018
0,08 2019
0,10 2020
Greenhouse gas (GHG) emissions
CO2-e
3,1 2017
3,29 2018
3,2 2019
Asset overview FY 2020
Hard rock mines
| Olimpiada | Blagodatnoye | Natalka | Verninskoye | Kuranakh | |
|---|---|---|---|---|---|
| Rock moved, kt | 118,857 | 65,503 | 73,537 | 29,903 | 30,629 |
| Stripping ratio, t/t | 6.3 | 2.9 | 2.0 | 4.3 | 2.8 |
| Ore mined, kt | 16,273 | 16,701 | 24,531 | 5,642 | 8,008 |
| Grade in ore mined, g/t | 3.18 | 1.29 | 1.27 | 2.19 | 1.10 |
| Ore processed, kt | 14,048 | 8,788 | 11,437 | 3,277 | 7,563 |
| Grade in ore processed, g/t | 3.4 | 1.82 | 1,72 | 2.91 | 1.25 |
| Recovery, % | 85.4 | 88.4 | 71.9 | 89.6 | 89.0 |
| Dore gold, koz | 1,229.3 | 457.3 | 455.8 | 274.8 | 243.0 |
| Total gold output, koz | 1,199.83 | 455.4 | 455.5 | 273.4 | 238.7 |
1As at 31 December 2019
2Including gold in flotation concentrate
3Including 198 koz of gold contained in concentrate
Alluvial operations
| Assets | Sands washed, km³ | Average grade, g/t | Gold in slime, koz | Refined gold production, koz |
|---|---|---|---|---|
| Alluvials | 9,629 | 0.46 | 143.3 | 143.3 |