Polyus: the national gold mining champion
- The largest gold producer in Russia and a top-5 gold producer globally with one of the lowest cost profiles
- Proven & probable reserves amount to 104 moz — #1 globally
- Maintain and expand extensive reserve and resources base
- Pursue capital-efficient growth opportunities
- Preserve cost leadership
- Strike balance between shareholder returns and optimal capital structure
- Maintain high standards of corporate governance and disclosure
- Maintain stringent health and safety standards
Our strategic priorities
Reserves and Resources1
Proven & Probabale
104 mln ozGold
1.9 g/tGrade
Measured and Indicated
204 mln ozGold
1.8 g/tGrade
Listings on stock exchanges
- Moscow Stock Exchange: primary listing since May 2006
- London Stock Exchange: secondary listing since June 2017
Tracking our records. Financial highlights of FY 2021.
Revenue $ mln
4,005 2019
4,998 2020
4,966 2021
Total cash cost $/oz
365 2019
362 2020
405 2021
All-in sustaining cash cost $/oz
594 2019
604 2020
715 2021
Adj. EBITDA $ mln
2,680 2019
3,690 2020
3,518 2021
Adj. EBITDA margin
67% 2019
74% 2020
71% 2021
Net Debt/ Adj. EBITDA
1.2 2019
0.7 2020
0.6 2021
Operational highlights
Ore mined kt
66,095 2019
71,155 2020
67,321 2021
Ore processed kt
44,078 2019
45,113 2020
47,895 2021
Recovery rate, % koz
82.3% 2019
83.8% 2020
82.7% 2021
Total gold produced2 koz
2,841 2019
2,766 2020
2,717 2021
Lost time injury frequency rate (LTIFR) per 200k hours worked
0,08 2019
0,10 2020
0,18 2021
Greenhouse gas (GHG) emissions CO2-e
2,38 2018
2,4 2019
2,02 2020
Asset overview FY 2021
Hard rock mines
| Olimpiada | Blagodatnoye | Natalka | Verninskoye | Kuranakh | |
|---|---|---|---|---|---|
| Rock moved, kt | 135.927 | 78.306 | 71.555 | 33.073 | 32.829 |
| Stripping ratio, t/t | 10.5 | 3.1 | 2.1 | 5.9 | 2.9 |
| Ore mined, kt | 11,791 | 19,061 | 23,232 | 7,782 | 8,455 |
| Grade in ore mined, g/t | 2.8 | 1.35 | 1.35 | 2.22 | 1.07 |
| Ore processed, kt | 15,061 | 9,017 | 12,387 | 3,608 | 7,822 |
| Grade in ore processed, g/t | 3.0 | 1.75 | 1,77 | 2.82 | 1.21 |
| Recovery, % | 84.0 | 86.8 | 72.0 | 90.0 | 88.7 |
| Dore gold, koz | 1,112.8 | 438.9 | 512.9 | 294.6 | 236.1 |
| Total gold output, koz | 1,112.7 | 430.3 | 503.3 | 292.2 | 237.8 |
1As at 31 December 2020
2Including gold in flotation concentrate
3Including 198 koz of gold contained in concentrate
Alluvial operations
| Assets | Sands washed, km³ | Average grade, g/t | Gold in slime, koz | Refined gold production, koz |
|---|---|---|---|---|
| Alluvials | 9.616 | 0.46 | 141.1 | 141.1 |