Polymetal says gold output falls 3% to 296,000 oz in JanuaryЦMarch
MOSCOW, May 10 (PRIME) -- Gold production of Russian precious metals producer Polymetal International fell by 3% on the year to 296,000 ounces, or 9.2 tonnes, in JanuaryЦMarch, the company said in a statement on Wednesday.
Silver output decreased by 13% to 3.9 million ounces, or 121.3 tonnes, in the period.
The companyТs revenue rose by 19% on the year to U.S. $733 million thanks to stabilization of sales channels and high gold prices. ]
Net debt gained only 1% to $2.428 billion as of March 31.