About Polyus Gold

Polyus Gold (Open Joint Stock Company, OJSC) is an international company, the leading gold producer in Russia and the only Russian company among the world’s largest gold producers.

Headquartered in Moscow, Polyus Gold’s operating mines and development/exploration projects are located in 5 major gold mining regions of Russia – the Krasnoyarsk Territory, the Irkutsk, Magadan, Amur Regions, the Republic of Sakha (Yakutia), as well as in the Republic of Kazakhstan, Romania and Kyrgyzstan.

In 2008 Polyus Gold production in Russia totalled 38.0 tonnes (1.2 m oz).
 
The company’s P&P reserves (JORC) as at January 1, 2009 amount to 74.1 m oz, based on the Inpedendent Expert's Report made by Micon International.

Polyus Gold reserves according to Russian classification as listed by the State Committee of Reserves (GKZ Rosnedra) at January 1, 2009 amounted to 100.6 m oz. of balance В+С1+С2 reserves, including 78.0 m oz of В+С1 reserves.

In Russia Polyus Gold shares are traded on MICEX and RTS. In the UK Polyus Gold ADRs are listed and traded on the LSE. Polyus Gold ADRs are also traded in the over-the-counter market in the United States.

Polyus Gold is an innovative company that relies on technology to boost competitive advantages. We implement the best standards of corporate governance to position Polyus as an attractive investment.

It puts special responsibility on Polyus Gold as the company that facilitates sustainable development of the gold producing regions. The company abides by the principles of absolute financial transparency, fully pays its dues and taxes both to federal and regional budgets, and supports sports, education and culture.

Polyus Gold: Recent History

Polyus Gold was formed in March 2006 as a result of the spin-off of MMC Norilsk Nickel’s gold mining assets.

Polyus Gold owns 100% of its operating subsidiary, CJSC Polyus, which holds blocks in the following companies: OJSC Lenzoloto (64.1%), LLC Lenskaya Gold Mining Company, LZRK (100%), OJSC Matrosov Mine (100%), OJSC Aldanzoloto GRK (100%), OJSC South-Verkhoyansk Mining Company, SVMC (100%), OJSC Yakut Mining Company (100%). Since August 2009 Polyus Gold holds 50.1% interest in KazakhGold Group Limited.