Russia's Polymetal Q1 revenue up 4% y/y

Polymetal International PK

25/04/2022 07:00

April 25 (Reuters) - Russian gold and silver producer
Polymetal  POLYP.L  said on Monday that its first-quarter
revenue grew by 4% year on year to $616 million due to higher
gold prices.
    Polymetal's production of gold equivalent - a mix of gold
and other metals - decreased by 6% to 372,000 troy ounces, the
miner said in a statement, adding that it was on track to
produce 1.7 million ounces in 2022. 

 (Reporting by Reuters, Editing by Louise Heavens)