OJSC 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 2009 Polyus Gold production in Russia totalled 39.2 tonnes (1.261 m oz).The company’s P&P reserves (JORC) as at January 1, 2010 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, 2010 amounted to 109.4 m oz. of balance В+С1+С2 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.
Contact Details
Executives
Chairman; General Director, Matrosov Mine
Michael D. Prokhorov
CEO, President and Director
Evgueni I. Ivanov