Russia's Polyus Q2 sales jump on higher gold output

Polyus PAO

11/08/2017 08:47

MOSCOW, Aug 11 (Reuters) - Russia's largest gold producer 
Polyus  PLZL.MM  reported on Friday a 9 percent rise in its 
second-quarter sales in year-on-year terms to $617 million on 
the back of higher gold output. 
    Polyus said in a statement that its second-quarter gold 
output rose by 7 percent, year-on-year, to 488,000 troy ounces. 
    The company said it expects total gold output to further 
increase to 2.35-2.40 million troy ounces in 2018 and to 2.80 
million ounces in 2019. 
     
     
     
 
 (Reporting by Katya Golubkova; Writing by Dmitry Solovyov) 
 ((dmitry.solovyov@thomsonreuters.com;)) 
 
Keywords: RUSSIA POLYUS/SALES