Russia’s largest gold miner Polyus has adjusted its production guidance for 2017 to 2019 and is now targeting 2.8-million ounces by 2019, compared with an earlier plan of producing 2.7-million ounces by 2020.
Polyus, which on Monday also announced its return to the LSE after delisting in 2015 amid sanctions imposed by the West over Russia’s annexation of Crimea, said it would produce between 2.075-million ounces and 2.125-million ounces in 2017, which would increase to between 2.35-million ounces and 2.40-million ounces in 2018.
