Support The Moscow Times!

Russia's Polymetal Reports 4% Increase in Q4 Revenue

Russian precious metals miner Polymetal said Thursday that its revenues had increased 4 percent in the fourth quarter of 2014, year-on-year, to $513 million.

Full-year 2014 gold equivalent production reached 1.43 million troy ounces, up 12 percent, said the London-listed company, part-owned by Russian businessman Alexander Nesis.

It also reiterated its production guidance of 1.35 million ounces for 2015 and 2016.

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.