Russia’s Polyus on track to boost gold output in 2019

MINEX Forum | September 20, 2018 | Views: 172 | Source: Reuters

Polyus, Russia’s largest gold producer, is on track to boost production to 2.8 million troy ounces and to reduce its capital expenditure in 2019, its Chief Executive Pavel Grachev told Reuters.

Its 2018 production is on track to reach the upper end of its forecast range of 2.375-2.425 million troy ounces, Grachev said on the sidelines of the Eastern Economic Forum in the Russian Pacific town of Vladivostok.

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