PRECIOUS METALS

Polyus hits 2021 guidance, sees higher grades for 2022

Russia-focused miner Polyus reported total gold output of 684,000 ounces in the fourth quarter of 2021, down by 11% quarter on quarter, and 4% year on year.

Polyus's Olimpiada mine in Russia

Polyus's Olimpiada mine in Russia

The fourth quarter production bought full year output in line with guidance, and near analyst estimates, at 2.71Moz. Full year 2022 production guidance was reiterated at 2.8 million ounces of gold....

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