Polyus 2014 AR2
The report highlights Polyus Gold International's strong operational and financial performance in 2014, marking its seventh consecutive year of production growth with 1,696 koz of gold produced. The company successfully reduced its total cash costs by 17% to $585/oz and all-in sustaining costs by 18% to $825/oz, positioning itself in the first quartile of the global cost curve. In terms of safety, the company improved its Lost Time Injury Frequency Rate (LTIFR) by 18% to 0.09, although it regrettably recorded four employee fatalities. Additionally, the report details a 38% reduction in Natalka deposit resources and a 49% reduction in reserves following a comprehensive JORC-compliant audit, leading to a decision to postpone the project's commissioning.
Company: Polyus
Sector: Mining & quarrying
Country: Russia
Year: 2014
Type: AR2
Pages: 209
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Polyus
Annual Report
The report highlights Polyus Gold International's strong operational and financial performance in 2014, marking its seventh consecutive year of production growth with 1,696 koz of gold produced. The company successfully reduced its total cash costs by 17% to $585/oz and all-in sustaining costs by 18% to $825/oz, positioning itself in the first quartile of the global cost curve. In terms of safety, the company improved its Lost Time Injury Frequency Rate (LTIFR) by 18% to 0.09, although it regrettably recorded four employee fatalities. Additionally, the report details a 38% reduction in Natalka deposit resources and a 49% reduction in reserves following a comprehensive JORC-compliant audit, leading to a decision to postpone the project's commissioning.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Workplace Fatalities
Employees