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.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.