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  • Gold (USD) 1,274.20 -7.35
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2,160 koz of gold
produced in 2017 (2016: 1,968 koz)
364 $/oz
Total cash cost per ounce sold
621 $/oz
All-in sustaining cash cost
Ore processed, kt
26,445 2016
28,663 2017
Adj. EBITDA $ mln
1,536 2016
1,702 2017
5 5 operating assets: 4 hard-rock mines and alluvial operations
2,721 $ mln
Total Revenue in 2017
0.10
Lost time injury frequency rate (LTIFR) per 200k hours worked in 2017 (2016: 0.13)
Factsheet
Olimpiada
Krasnoyarsk region, Eastern Siberia, Russia
Mining type

Conventional shovel-and-truck open-pit operation

2017 production
1
2016 production
1
28 millionProven and Probable Reserves (ounces)
44 millionMeasured, Indicated an Inferred Mineral Resources (ounces)
12.2 mtpaProcessing capacity
3,140Employees
1 Including gold in concentrate

Located in one of Russia’s most prolific gold mining provinces, Olimpiada is Polyus largest operation. The mine began production in 1996 and currently accounts for over a half of the Company’s total gold output. The ore mined at the site is processed at three plants with a combined capacity of 12.2 mln tonnes of ore annually. To treat Olimpiada’s sulphide ores, Polyus employs BIONORD, the Company’s proprietary bio-oxidation technology.