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Polyus announces production beat as ore throughput rises

Morgan Stanley praised a "decent quarter" from the Russia-focused gold miner

William Clarke
Polyus' Olimpiada mine in eastern Siberia

Polyus' Olimpiada mine in eastern Siberia

In a trading update on October 28, Polyus reported a 15% quarter-on-quarter increase gold output, with total volumes of 770,000 ounces exceeding consensus expectations of 757,000 oz. Total ore processed...

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