Krasnoyarsk region, Eastern Siberia, Russia
Mining type

Conventional shovel-and-truck open-pit operation

2019 production
2018 production
24 millionProven and Probable Reserves (ounces)
39.4 millionMeasured, Indicated an Inferred Mineral Resources (ounces)
13.9 mtpaProcessing capacity
1 Including gold in concentrate
2 Including gold in concentrate

Located in one of Russia’s most prolific gold mining provinces, Olimpiada is Polyus largest operation. The mine began production in 1996 and currently accounts for close to half of the Company’s total gold output. The ore mined at the site is processed at three plants with a combined capacity of 13 mln tonnes of ore annually. To treat Olimpiada’s sulphide ores, Polyus employs BIONORD, the Company’s proprietary bio-oxidation technology.