Polymetal formed a partnership with a company associated with Mineral Exploration Network (Finland) Ltd (“MEN”) for early-stage exploration in the Chaunsk region of Chukotka, Russia. “Our strategy of working with junior explorers is gaining momentum”, said Vitaly Nesis, Group CEO of Polymetal. “MEN has extensive and varied experience in using advanced state-of-the-art methods of prospecting ... New exploration JV with a junior in Chukotka
MINEX Forum | May 29, 2019 Polymetal formed a partnership with a company associated with Mineral Exploration Network (Finland) Ltd (“MEN”) for early-stage exploration in the Chaunsk region of Chukotka, Russia. “Our strategy of working with junior explorers is gaining momentum”, said Vitaly Nesis, Group CEO of Polymetal. “MEN has extensive and varied experience in using advanced state-of-the-art methods of prospecting ... 
Russia’s trade and industry ministry is considering a temporary ban on the export of precious metals scrap and tailings, the ministry said, to promote domestic refining of the materials. The proposed ban would last from May 1 to Oct. 31 this year, the Kommersant newspaper reported earlier, citing ministry documents. Russian precious metal refining facilities ... 
Polymetal’s FTSE4Good ESG rating has improved and the company is now among the 7% of the most highly ranked listed companies in the sector. Polymetal has also become a top responder to the Carbon Disclosure Project among Russian companies. “We are proud to have our approach to transparency highlighted as best practice by leading ranking ... 
Polymetal to shun M&A in 2019, focus on asset sales Russian gold and silver producer Polymetal said on Thursday it will focus on asset sales in 2019 rather than getting involved in industry consolidation. “The pressure from at least some of our shareholders has been to grow smaller or to grow more focused to reduce ... 
Russian gold and silver producer Polymetal reported on Thursday an 11% rise in fourth quarter revenue, compared to a year earlier, on record high production following a full ramp-up at its mine in Kazakhstan. The London-listed firm, part-owned by businessman Alexander Nesis, launched the Kyzyl mine in Kazakhstanin 2018 and shortly after began construction at its new Nezhda gold mine in Siberia, which will contribute to its dividends in 2022. ... 
Russian gold and silver producer Polymetal has begun construction at its new Nezhda gold mine in eastern Siberia, which will contribute to its dividends in 2022, it said on Monday. The London-listed firm, part-owned by businessman Alexander Nesis, is starting this new project with pre-production capital expenditures estimated at $234 million a few months after ... 
Chaarat Gold Holdings (LON:CGH), the company that tried buying Centerra’s Kumtor mine in the Kyrgyz Republic, has agreed to acquire Kapan gold mine in Armenia from Polymetal, one of Russia’s largest gold and silver producers. The $55 million deal is part of Chaarat’s intention of becoming a major regional player in Central Asia, with an ... 
Chaarat Gold, the Aim-listed gold explorer, is in talks to buy the Kapan gold mine in Armenia from Russia’s Polymetal, in its latest effort to expand through acquisitions. The mine, which Polymetal acquired in 2016, produced 50,000 ounces of gold last year, making a profit of $20m before taxes. Chaarat, which is based in Kyrgyzstan, ... 
Precious metals mining company Polymetal International has purchased the remaining 20% stake in Saum Mining Company, which holds the licence for the Saum polymetallic deposit in Russia. The transaction, which comes after a successful exploration drilling campaign at the property, increases Polymetal’s interest in the Saum deposit to 100%. With resources of 435Koz of gold ... 
Polymetal International said it had upgraded the mineral resource estimate at its Prognoz silver deposit in Russia. The fresh estimate amounted to 256m ounces of silver equivalent at 789 grams per tonne. ‘In-fill drilling results exceeded our expectations and strengthened our belief that Prognoz may succeed Dukat as one of the largest primary silver deposits ... 
LSE-listed Polymetal International has declared an interim dividend of $0.17 a share for the first half of the year, higher than the $0.14 a share for the first half of 2017, the company reported on Tuesday. The dividend distribution, to be paid on September 28, represents 50% of the group’s underlying net income for the ... 
LSE-listed Polymetal has shipped first concentrate from its Kyzyl mine, in Kazakhstan, to a buyer in China, bringing the company closer to achieving cash flow from the asset. The company said that 2 000 t of gold concentrate was shipped by rail. Concentrate shipments to Polymetal’s Amursk POX hub, in Russia, would start next month, ...