Polymetal Pushes Gold Reserves up 7 Percent

Reuters reported that Russian miner Polymetal has increased its gold reserves by 7 percent.

As quoted in the market report:

Gold equivalent reserves at four deposits – Tsokol, Ozerny, Avlayakan and Dalniy in Russia – were estimated at 1.0 million troy ounces, as of July 1, 2012, the company said on Monday.

To view the whole Reuters report, click here.