Polymetal raises gold output 7% to 642,000 ounces in JanЦJun - Metals & Mining - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Polymetal raises gold output 7% to 642,000 ounces in JanЦJun

MOSCOW, Jul 23 (PRIME) -- Russian precious metals producer Polymetal International raised its gold production 7% on the year to 642,000 ounces in JanuaryЦJune, the company said in a statement on Thursday.

Silver output fell 11% to 9.8 million ounces in the period.

Gold sales decreased 2% to 595,000 ounces, and silver sales fell 4% to 9.9 million ounces.

Total production went up 4% on the year to 723,000 ounces in gold equivalent.

Revenue rose 30% to U.S. $1.135 billion in the period.

The company confirmed its production plan for 2020 at 1.5 million ounces of gold equivalent.

End

23.07.2020 09:15
 
 
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