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In 2023, Polymetal's assets in the Republic of Kazakhstan - Kyzyl and Varvarinskoye - brought in 486 thousand ounces in gold equivalent. The production of precious metals decreased by 10% compared to the year before, follows from the report of the gold mining company.
Polymetal's total production was 1.7 million ounces. The company achieved almost the same result in 2022.
At the Bakyrchik deposit (Kyzyl project) in 2023, gold ore production increased by 9% - to 2.43 thousand tons. However, due to the fact that the subsoil user is now extracting ores with a lower precious metal content, gold production has decreased decline In total, the asset produced 316 thousand ounces (−4% for the year).
At the deposits of the Varvarinsky hub - Varvarinsky and Komarovsky - production fell from 3.86 thousand to 2.83 thousand tons. Ore processing remained almost at the level of last year. The total volume of precious metal issued decreased, according to plan, to 169 thousand ounces (−