COVID-19

Pavel Grachev, CEO:

During this unprecedented global crisis Polyus’ absolute priority is to ensure the safety of our employees and local communities.

Early on, we established very strict testing and quarantine protocols for shift workers at our mining sites and office workers are working remotely, where possible.

Testing is critical to controlling the spread of this virus and our rigorous testing and repeat-testing programmes include all Polyus production employees and contractors.

We are working closely with both local and national authorities to ensure that any outbreak is contained and that any colleagues testing positive for the virus quickly receive the appropriate care.

Whilst these comprehensive systems have enabled us to safely maintain uninterrupted production at our mines, we are constantly monitoring the situation and will continue to put the health and safety of our people first.

Latest

Key facts

  • Mandatory testing of all employees before travelling to remote production assets has been introduced. This includes strict isolation from the moment of the test until their departure to the production site on receiving a negative result.
  • At the production sites and offices, the following measures have been introduced: mandatory wearing of masks and gloves, segregation of workers into small isolated groups, health checks (including daily temperature checks), as well as daily disinfection of premises.
  • All production assets and offices maintain stocks of medicines and personal protective equipment (PPE) for all employees and medical staff.
  • Polyus’ IT department has ensured that the capabilities of the company’s software and systems enable the staff to switch efficiently to remote work mode.
    • The company has donated 65 medical ventilators to hospitals in the regions where the company operates. Equipment has been donated to hospitals in close proximity to Polyus’ operating facilities so that, if necessary, Polyus’ employees will have access to effective medical care as quickly as possible.
    • Polyus and the Far East Development Fund have established a RUB 1 bn fund to finance activities aimed at preventing the spread of COVID-19 in the Russian Far East. Other large companies operating in the region or carrying out investment programmes in the Far East have been invited to participate in the programme.
    • Deliveries of doré gold to refineries proceed in accordance with initial schedules. Consumables deliveries proceed without disruptions.
    • The company has increased inventory stocks to ensure the safety of operations.
    • There have been no disruptions of deliveries of equipment and spares from suppliers in Russia and China. However, deliveries of non-critical units of equipment from Europe and the United States have been affected.
    • The work of third-party contractors in certain important areas such as engineering, drilling and construction has been impacted by flight restrictions and self-isolation requirements.
    • Feasibility study results for Blagodatnoye Mill 5 and pre-feasibility study results for Sukhoi Log have been postponed to the second half of 2020.

    Contact details

    Victor Drozdov
    Director, Business Communications and Investor Relations
    +7 495 641 33 77
    DrozdovVI@polyus.com

    Vitaly Petlevoy
    Media relations
    +7 495 641 33 77
    PetlevoyVE@polyus.com