Polymetal International Plc is a leading gold and silver producer operating in Russia and Kazakhstan.
It is listed on the London Stock Exchange and is a constituent of the FTSE250 index.
Since it was founded in 1998, Polymetal has built a focused portfolio of high quality assets with an attractive growth profile by developing new mines, restarting inactive operations and acquiring operating mines. Today Polymetal is a well-established mining company with annual gold equivalent production of 1.3 Moz and an extensive pipeline of development and exploration projects.
Polymetal’s portfolio includes:
- The Dukat hub
- The Omolon hub
- The Amursk POX hub (Albazino and Mayskoye mines and central POX processing facility)
- The Khakanja standalone mine
- The Voro standalone mine
- The Varvara standalone mine
PPF Group’s share in the company is 3.82%.
Polymetal: Financial highlights
|Gold production (Koz)||1,316||1,216|
|Silver production (Moz)||21.6||25.3|
|Revenues (EUR million*)||2,005||1,593|
|Net profit (EUR million*)||430||312|
|Average number of employees||11,611||12,000|
* Figures in EUR are re-calculated according to the current exchange rate valid at the end of the appropriate period (Balance Sheet items) or according to the average exchange rate valid for the appropriate period (P&L Statement items).