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Polymetal International

  • Troubled miner Polymetal International postpones dividend decision

    POLYSHAMBLES

    Anglo-Russian miner Polymetal International (Polymetal) has postponed the decision on its final dividend payment for 2021.

  • Precious metal price surge boosts Russian miner Polymetal

    Precious metal price surge boosts Russian miner Polymetal

    Russian miner Polymetal today said that earnings hit a record high in 2020 as surging precious metal prices boosted the firm’s profit. The FTSE 100 firm said that earnings reached $1.1bn last year, up from $483m in 2019. In addition, revenue jumped 28 per cent to $2.9bn. A combination of higher production volumes, higher commodity [...]

  • Polymetal plummets after it agrees to buy challenging gold mine

    RUSSIAN precious metals miner Polymetal’s share price plunged six per cent yesterday, after it said it had agreed to buy a gold project in Kazakhstan for $618.5m (£366.8m). The FTSE 250-listed firm is buying the assets from private owners Sumeru Gold and Sumeru LLP, for $318.5m in cash and £300m of new Polymetal shares, marking [...]

  • Polymetal commits to London listing as gold production rises

    April 22, 2014

    RUSSIAN precious metals miner Polymetal said yesterday that it has no plans to move its listing from London to Moscow, as it unveiled a 34 per cent surge in gold output in the first quarter. The FTSE 250 company, which fell out of the top 100 index last year, shrugged off recent proposals from Russian [...]

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