| Updated:
Polyus gets gold price boost
Russia’s Polyus Gold yesterday posted a 57 per cent increase in annual net profit, boosted by strong sales and high prices. Polyus, partly owned by oligarch Mikhail Prokhorov, added that earnings before interest, tax, depreciation and amortisation reached $1.1bn (£686m) in 2011, up 55 per cent year-on-year.