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United Kingdom

Polymetal International PLC (POLYP.L)

POLYP.L on London Stock Exchange

989.00GBp
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Change (% chg)

3.20 (+0.32%)
Prev Close
985.80
Open
982.20
Day's High
989.00
Day's Low
970.60
Volume
1,493,975
Avg. Vol
1,219,232
52-wk High
990.40
52-wk Low
593.80

Latest Key Developments (Source: Significant Developments)

Polymetal Decided To Retain Deloitte As Group's Auditor
Wednesday, 15 May 2019 

May 15 (Reuters) - Polymetal International PLC ::POLYMETAL - BOARD HAS DECIDED TO RETAIN DELOITTE LLP AS GROUP'S AUDITOR.POLYMETAL - BOARD WILL PROPOSE RE-APPOINTMENT OF DELOITTE LLP AS EXTERNAL AUDITORS FOR YEAR COMMENCING 1 JANUARY 2020 AT COMPANY'S 2020 AGM.  Full Article

Polymetal Reports Increase In Ore Reserves At Mayskoye Gold Deposit In Russia
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Polymetal International PLC ::SAYS REPORTS A SIGNIFICANT INCREASE IN ORE RESERVES AT MAYSKOYE GOLD DEPOSIT IN RUSSIA.SAYS UPDATED JORC ESTIMATE ADDS 778 KOZ OF GOLD TO PROPERTY'S RESERVES.SAYS THIS REPRESENTS A SIZEABLE INCREASE OVER THE PREVIOUS ESTIMATE WITH A 49% INCREASE IN TONNAGE, A 5% IMPROVEMENT IN GRADE AND A 55% JUMP IN GOLD CONTAINED.SAYS ADDITIONAL OUNCES ARE EXPECTED TO EXTEND MINE LIFE BY ANOTHER 5 YEARS.  Full Article

Polymetal Sells Interest In Svetlobor Platinum Exploration Project
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Polymetal International PLC ::POLYMETAL - SALE OF SVETLOBOR PLATINUM PROPERTY.POLYMETAL - SOLD ITS 100% INTEREST IN SVETLOBOR PLATINUM EXPLORATION PROJECT TO A GROUP OF UNRELATED PRIVATE RUSSIAN BUYERS FOR US$ 5.5 MILLION IN CASH.POLYMETAL - TRANSACTION IS EXPECTED TO RESULT IN $4.8 MILLION ACCOUNTING PROFIT FOR COMPANY, PROCEEDS WILL BE USED TO REDUCE DEBT.  Full Article

Polymetal In Discussions With Chaarat Gold For Potential Sale Of Kapan Mine
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Polymetal International PLC ::POLYMETAL INTEREST PLC - PRESS SPECULATION.POLYMETAL - IN DISCUSSIONS WITH CHAARAT GOLD REGARDING POTENTIAL SALE OF KAPAN MINE IN ARMENIA.POLYMETAL - NO CERTAINTY THAT A TRANSACTION WILL BE AGREED.  Full Article

Polymetal Expects To Exceed FY 2018 Production Guidance Of Gold Equivalent
Monday, 15 Oct 2018 

Oct 15 (Reuters) - Polymetal International PLC ::Q3 REVENUE FELL 16 PERCENT TO 459 MILLION USD.POLYMETAL PRODUCED 447 KOZ OF GOLD EQUIVALENT (GE) IN Q3 OF 2018, DOWN 5% YEAR-ON-YEAR.Q3 REVENUE WAS DOWN 16% YEAR-ON-YEAR TO US$ 459 MILLION.RUSSIA'S POLYMETAL SAYS PRODUCED 447 KOZ OF GOLD EQUIVALENT (GE) IN Q3 OF 2018, DOWN 5% YEAR-ON-YEAR.QTRLY SILVER PRODUCTION DECREASED BY 10% TO 6.7 MOZ AS A RESULT OF PLANNED GRADE DECLINES AT DUKAT.LIKELY TO EXCEED ITS FY 2018 PRODUCTION GUIDANCE OF 1.55 MOZ OF GE BY UP TO 50 KOZ OF GE.NET DEBT INCREASED TO US$ 1.8 BILLION.REDUCTION IN NET DEBT IS EXPECTED TO BE RECORDED IN Q4.GIVEN RECENT WEAKNESS OF ROUBLE AND TENGE AGAINST US DOLLAR, IT IS LIKELY THAT COMPANY WILL OUTPERFORM ITS COST GUIDANCE.REITERATES PRODUCTION GUIDANCE OF 1.7 MOZ FOR 2019 & 1.8 MOZ FOR 2020 & NOTES GUIDANCE WILL BE REVISED IN CASE OF NON-CORE ASSET DISPOSALS.  Full Article

Polymetal Says Marina Grönberg To Step Down From Board Of Co
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Polymetal International PLC ::MARINA GRÖNBERG, REPRESENTATIVE OF VITALBOND LTD, HAS INFORMED BOARD OF HER INTENTION TO STEP DOWN FROM BOARD OF CO.  Full Article

Russia's Polymetal starts shipments from Kazakhstan's Kyzyl
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Russian gold and silver producer Polymetal says: :Started shipments to China from its gold deposit and processing site Kyzyl in Kazakhstan..The first delivery, of around 2,000 tonnes of concentrate, was shipped on Aug. 18. .By October, the operation is projected to achieve its nameplate capacity of 150 thousand tonnes per month..Polymetal plans to produce 80 thousand ounces of payable gold at Kyzyl this year, ramping up production to 280 thousand ounces in 2019 and 330 thousand ounces thereafter.."The first shipment of gold concentrate from Kyzyl is a major milestone bringing the company closer to first cash flow from the asset", said Vitaly Nesis, chief executive of Polymetal. .  Full Article

Polymetal, ING Partners On Sustainability-Linked Loan
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Polymetal International PLC ::AND ING PARTNER ON SUSTAINABILITY-LINKED LOAN.PARTNERED WITH ING TO CONVERT ITS EXISTING BILATERAL CREDIT FACILITY OF US$ 80 MILLION WITH BANK INTO A SUSTAINABILITY PERFORMANCE-LINKED LOAN.  Full Article

Russia's Polymetal sells its stake in gold deposit in Kazakhstan
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Russian gold and silver producer Polymetal says::Signs agreement for the sale of its 50 percent stake in Dolinnoye gold property in Kazakhstan..  Full Article

Polymetal Recommends Payment Of Dividend Of 30 Cents Per Share
Monday, 12 Mar 2018 

March 12 (Reuters) - Polymetal International Plc ::BOARD OF DIRECTORS OF COMPANY HAS RECOMMENDED PAYMENT OF A FINAL DIVIDEND OF US$ 0.30 PER SHARE FOR YEAR ENDED 31 DECEMBER 2017.  Full Article

Russia considers export ban on precious metals scrap

MOSCOW, March 14 Russia's trade and industry ministry is considering a temporary ban on the export of precious metals scrap and tailings, the ministry said, to promote domestic refining of the materials.