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Polymetal sees production fall in September quarter

Lower grades saw FSU-focused precious metals miner Polymetal report a year-on-year drop in production in the September quarter, down from record levels seen in Q3 2020, but restated its full year guidance.

William Clarke
Polymetal's Kyzyl mine in east Kazakhstan

Polymetal's Kyzyl mine in east Kazakhstan

Q3 gold equivalent production was down 8% year-on-year at 437,000 ounces, a drop the company said was driven by planned grade declines at its flagship Kyzyl mine in Kazakhstan, as well as at Svetloye and...

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