Polyus 2Q Revenue Rose 21% as Gold Production, Sales Ramped Up
August 12 2021 - 2:49AM
Dow Jones News
By Jaime Llinares Taboada
Polyus PJSC said Thursday that its gold revenue increased 21% in
the second quarter from the prior period, reflecting stronger
production and sales volumes.
The Russian gold miner said estimated sales rose to around $1.23
billion in the three months ended June 30, compared with $1.02
billion in the first quarter.
Sales volumes increased 19% to 679,000 ounces, and realized gold
prices strengthened 2% to $1,815 per ounce.
Gold production was up 13% at 671,5000 ounces, reflecting higher
refined volumes across all deposits.
The company reaffirmed full-year production guidance at around
2.7 million ounces.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
August 12, 2021 02:48 ET (06:48 GMT)
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