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Polyus' earnings rise despite higher costs

Costs are up due to inflation and seasonal factors

William Clarke
Polyus' Natalka mine in Russia

Polyus' Natalka mine in Russia

Adjusted net profit was up by 14% quarter-on-quarter, at US$663 million, with revenue up 12% qoq at US$1.4 billion. Polyus reported total gold sales of 776,000oz, up by 14% qoq. "This reflects seasonally...

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