Brief: Polymetal Q2 revenue jumps 34% y/y, gold production up 22%

Polymetal International PK

09/08/2023 07:20

Aug 9 (Reuters) - Polymetal International, a gold miner
with assets in Russia and Kazakhstan says:
    * Continued to experience logistical disruptions of
concentrate
shipments;
    * Q2 saw a set of solid production results supporting our
full-year production guidance of 1.7 moz of gold equivalent;
    * Q2 gold equivalent production grew by 22% year-on-year to
423
koz;
    * Revenue for the quarter increased by 34% y-o-y to $581
million
on the back of sales volumes recovery in Russia and higher metal
prices.

Further company coverage:  POLYP.L 

 (Reporting by Olzhas Auyezov)
 ((Olzhas.Auyezov@thomsonreuters.com;))