Polyus says gold output rises 16% to 690,400 ounces in Apr–June

MOSCOW, Jul 16 (PRIME) -- Gold production of Russia’s Polyus rose by 16% on the quarter to 690,400 ounces in April–June, the company said in a statement on Thursday.

Sales revenue rose by 33% on the quarter to U.S. $1.148 billion, while the average price stood at $1,723 per ounce.

Net debt fell to $2.506 billion from $3.056 billion.

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