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 ... Russia’s Polymetal starts construction at new gold mine
MINEX Forum | November 13, 2018 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, ... 
Russian miner Polymetal International has commenced production at its new Kyzyl mine in Kazakhstan after the completion of all construction and commissioning activities. The production of the first gold concentrate from the Kyzyl mine was originally slated for next month, as per the company’s January 2018 updated plan. The capital expenditure for the project is ... 
Russian solar modules manufacturer and PV project developer Hevel Group and Russia’s leading precious metals mining group Polymetal signed a contract on building a 1 MW solar power plant at one of its mines located in Khabarovsk region (Russia’s Far East). The 1 MW solar power project is designed to supply electricity to mining facility ... 
Russian solar manufacturer and developer Hevel said on Monday it will build a 1-MW solar park in Russia’s Far East for domestic metals mining group Polymetal (MCX: POLY). The two companies have signed a contract that calls for Hevel to install the photovoltaic (PV) facility at one of Polymetal’s mining locations and thus lower diesel ... 
Silver and gold company Polymetal International is considering building a plant to refine refractory gold ore in the city of Sovetsksya Gavan in Russia’s Far East, according to a statement published by the regional government on Tuesday. “The Sovetskaya Gavan’s site has all the necessary infrastructure and suits the new facility perfectly: there is a ... 
Precious metals miner Polymetal has secured a $140-million loan to finance the remaining capital expenditure for its Kyzyl project, paving the way for operations at the 300 000 oz/y Kazakhstan gold mine to start in the third quarter of 2018. The loan agreement with the European Bank of Reconstruction and Development (EBRD) has a five-year ...