Polyus: the national gold mining champion
- The largest gold producer in Russia and a top-10 gold producer globally with one of the lowest cost profiles
- Proven & probable reserves amount to 64 moz — #3 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 Resources
Proven & Probabale
61 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
2,721
2017
2,915
2018
4,005
2019
Total cash cost
$/oz
264
2017
348
2018
365
2019
All-in sustaining cash cost
$/oz
614
2017
605
2018
594
2019
Adj. EBITDA
$ mln
1,536
2017
1,865
2018
2,680
2019
Adj. EBITDA margin
63%
2017
64%
2018
67%
2019
Net Debt/ Adj. EBITDA
1.8
2017
1.7
2018
1.2
2019
Operational highlights FY19
Ore processed
kt
28,663
2017
38,025
2018
44,078
2019
Average grade in ore processed
g/t
2.70
2017
2.40
2018
2.36
2019
Recovery rate, %
koz
83.4
2017
80.8
2018
82.3
2019
Total gold produced ¹
koz
2,160
2017
2,440
2018
2,841
2019
Lost time injury frequency rate (LTIFR)
per 200k hours worked
0.11
2017
0.09
2018
0.08
2019
Greenhouse gas (GHG) emissions
CO2-e
3.29
2015
3.18
2016
3.03
2017
1Including gold in flotation concentrate
Asset overview FY19
Hard rock mines
| Olimpiada | Blagodatnoye | Verninskoye | Kuranakh | Natalka | |
|---|---|---|---|---|---|
| Rock moved, kt | 135,489 | 67,802 | 24,473 | 30,813 | 70,274 |
| Stripping ratio, t/t | 5.5 | 3.6 | 4.5 | 2.9 | 2.8 |
| Ore mined, kt | 20,713 | 14,630 | 4,448 | 7,849 | 18,453 |
| Grade in ore mined, g/t | 3.42 | 1.18 | 2.54 | 1.09 | 1.13 |
| Ore processed, kt | 13,908 | 9,005 | 3,035 | 6,882 | 11,248 |
| Grade in ore processed, g/t | 3.92 | 1.67 | 2.90 | 1.23 | 1.61 |
| Recovery, % | 82.4 | 87.8 | 89.5 | 88.8 | 71.8 |
| Dore gold, koz | 1,385.8 | 421.2 | 254.0 | 197.7 | 414.4 |
| Total gold output, koz | 1,389.22 | 420.8 | 255.9 | 224.7 | 405.0 |
2Including 317.5 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 | 8,581 | 0.53 | 145.6 | 145.6 |