Last 185.00 GBp
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Company Description

Contact Info

18b Charles Street

Argyll

London, W1J 5DU

United Kingdom

Phone: 44 20 3585 3537

Fax: 44 20 3585 3538

Open Joint Stock Company Polyus Gold, together with its subsidiaries, engages in the extraction, refining, and sale of gold. Its operating mines and development/exploration projects are located in Krasnoyarsk, Irkutsk, the Sakha Republic of the Russian Federation (Yakutia), Magadan, and Amur regions. It also performs research, exploration, and development works. In August 2009, the company has entered into a technical alliance with Kinross Gold Corporation to continue the joint assessment of the Nezhdaninskoye Deposit in the republic of Sakha (Yakutiya) in the Russian Federation, and to explore other opportunities for exploration and development in the country. On December 25, 2009, OJSC Polyus Gold and Kinross Gold Corporation have signed a Technical Alliance Agreement. A list of measures has been approved, targeted at identifying commercially solutions to develop the Nezhdaninskoye deposit in Yakutia. These measures include metallurgical testing with international laboratories. Reserves As of December 31, 2008, the company’s proved and probable reserves included 74.1 million ounces.

 

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