Polyus 2007 AR2
The report highlights Polyus Gold's operational and financial performance for the fiscal year 2007, during which the company achieved its gold production target of 1.2 million ounces. Key achievements include the commissioning of Mill No. 3 at the Olimpiada mine, which significantly increased sulfide ore processing capacity, and a 35% increase in proved and probable reserves to 68.6 million ounces in accordance with the JORC Code. Financially, the company's revenue grew by 16% to USD 849 million, and EBITDA reached USD 335 million. Additionally, Polyus Gold began implementing sustainable development principles and published its first sustainable development report during the year.
Company: Polyus
Sector: Mining & quarrying
Country: Russia
Year: 2007
Type: AR2
Pages: 65
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Polyus
Annual Report
The report highlights Polyus Gold's operational and financial performance for the fiscal year 2007, during which the company achieved its gold production target of 1.2 million ounces. Key achievements include the commissioning of Mill No. 3 at the Olimpiada mine, which significantly increased sulfide ore processing capacity, and a 35% increase in proved and probable reserves to 68.6 million ounces in accordance with the JORC Code. Financially, the company's revenue grew by 16% to USD 849 million, and EBITDA reached USD 335 million. Additionally, Polyus Gold began implementing sustainable development principles and published its first sustainable development report during the year.
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Document Details
Report Year
2007
Reporting Period
Jan 1, 2007 - Dec 31, 2007
Fiscal Year
2007
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available