Polymetal has completed the divestment of its Russian business on 7 March 2024. Please see the relevant announcement at the link. Operating and financial results as well as other information on this website until 7 March 2024 represent the Group in its former organizational structure, i.e. including Russian business, unless otherwise stated.

Mining cycle

Our investment in the skills and expertise that support key competencies, backed by strong financial discipline, ensures a robust performance throughout the cycle.

We replenish reserves through active brownfield and greenfield exploration, and have a robust evaluation system to select high-quality assets for further development.

Exploration

We have a track record of delivery on time and within budget, including growth projects in challenging locations without access to infrastructure.

Development

We have a strong skill set in selective open-pit and underground mining, incorporating global best practices and robust grade and dilution control.

Mining-ore

In the remote regions of our operation, we have acquired vital skills for inbound logistics of consumables and outbound transportation of ores and concentrates to make the best use of our hub strategy

Logistics

We employ both conventional (such as flotation or heap leaching) and leading processing technologies (such as POX) that maximise recoveries at our plants.

Processing

We sell gold and silver bars, mainly to local banks, and precious metals concentrates to offtakers throughout the global market.

Selling

We manage the end-of mine life responsibly, employing environmental best practice and a duty of care to local communities during the closure/ rehabilitation process.

Mining-closure

You are downloading Integrated Annual Report . Please note that some ESG data are available in Sustainability Performance Data 2021 (GRI and SASB) that outlines our key non‑financial performance information for financial year 2021. While the selected annual report is being downloaded, we want to draw your attention to the Sustainability Report. It provides detailed information on ESG indicators.

While the selected files are being downloaded, we want to draw your attention to the reports on the sustainable development of the company. They provide detailed information on ESG indicators.

You can also download historical data on sustainable development.

2019