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PJSC Polyus (LSE, MOEX – PLZL) (“Polyus”, or the “Company”), Russia’s largest gold producer, announces that the first doré gold has been poured at Natalka, Polyus’ main greenfield project, during the ongoing hot commissioning process at the Natalka mill. As quoted in the press release: As part of pre-commissioning at Natalka, the full processing facility is undergoing consecutive 24-hour …
PJSC Polyus (LSE, MOEX – PLZL) (“Polyus”, or the “Company”), Russia’s largest gold producer, announces that the first doré gold has been poured at Natalka, Polyus’ main greenfield project, during the ongoing hot commissioning process at the Natalka mill.
As quoted in the press release:
As part of pre-commissioning at Natalka, the full processing facility is undergoing consecutive 24-hour trial runs. Polyus expects the full ramp-up of the Natalka mill to be completed by the end of 2018. The processing plant is the largest in Russia, with a capacity of 10 mtpa. Following the ramp-up, the mill is expected to achieve annual production of c. 420—470 koz for the duration of the mine life. This will contribute to the Company’s targeted increase in overall gold production of approximately 2,8 moz in 2019.
