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Polyus beats guidance with 'strong' Q4 result

With gold output rising and lower debt, Polyus had a good fourth quarter.

Elliott Holley
Polyus has received a generally favourable reaction to its Q4 results, with lower debt and increased production

Polyus has received a generally favourable reaction to its Q4 results, with lower debt and increased production

Polyus produced 804,000oz of gold in the fourth quarter. Gold sales increased 20% in Q4 versus the previous quarter, to $1,277 million. The company produced 2,523,700oz in 2019, up 16% on the previous...

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