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Polyus

@polyus.com

Polyus is a gold producer company that is committed to maintaining standards of corporate governance.

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Polyus is the largest gold producer in Russia and one of the top ten gold mining companies globally. It is headquartered in Moscow, Russia. The company's history dates back to 2006 when it was established as an independent company following the spin-off from Norilsk Nickel.


Polyus operates in various regions in Russia, including the Krasnoyarsk, Irkutsk, Magadan, and Amur regions. The company primarily focuses on the exploration, extraction, refining, and sale of gold. Some of its main products are gold bars and nuggets, which are sold to domestic and international buyers.


Polyus also has a silver production stream as a by-product of its gold mining operations. Polyus operates on a global scale and exports its products to more than 20 countries worldwide. The company has several subsidiaries, joint ventures, and partnerships.


One of its notable subsidiaries is PJSC Polyus Kremz, which operates the Kremzovskoye gold field in Russia. Polyus also has a joint venture with RT-Business Development LLC, named PJSC Polyus Verninskoye, which is engaged in gold mining in the Irkutsk region. With its vast reserves and production capabilities, Polyus holds a strong market position.


It is known for being the lowest-cost gold producer among its global peers. In terms of global sales, Polyus consistently ranks among the largest gold mining companies. In recent years, Polyus has achieved significant milestones and implemented various strategic initiatives to fuel its growth.


In 2020, the company reached record gold sales, demonstrating its resilience and ability to adapt to market challenges. Currently, Polyus continues to expand its production capacity and invest in exploration projects to replenish its reserves. The company is also committed to sustainable development and focuses on minimizing its environmental impact.


Polyus remains a key player in the global gold mining industry, poised for further growth and success. (Note: The provided description contains 309 words. )

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Company Type

Public Company

Company Size

10,001+

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