Polymetal pleased with revenue and earnings improvements

11th Mar 2019 07:31

(Sharecast News) - Polymetal International reported a 4% improvement in revenue to $1.88bn in its preliminary results on Monday, which it said was primarily driven by gold equivalent production growth of 9%.

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Polymetal eyes investments in junior gold miners

8th Mar 2019 15:09

(Sharecast News) - Miner Polymetal International increased its gold equivalent reserves 15% in 2018 and said it may invest in junior exploration companies as well as its own near-term and greenfield projects.

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Tuesday broker round-up

12th Feb 2019 13:58

(Sharecast News) - Polymetal International: JP Morgan upgrades to neutral with a target price of 880p.

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Monday broker round-up

11th Feb 2019 13:38

(Sharecast News) - Metro Bank: Berenberg upgrades to hold with a target price of 1,200p.

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Polymetal revenues shine after record Q4 production

31st Jan 2019 09:39

(Sharecast News) - Gold and silver producer Polymetal on Thursday said final quarter revenues jumped 11% to $652m year on year driven by record production after a full ramp-up at its Nezhda mine in Kazakhstan.

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FTSE 250 movers: Computacenter jumps while SIG's foundations crack

8th Jan 2019 15:36

(Sharecast News) - London's FTSE 250 was up 1.64% at 18,270.15 in afternoon trade on Tuesday, with Computacenter and Electrocomponents leading the charge.

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Polymetal exchanges Russian property for one in Kazakhstan

19th Dec 2018 08:16

(Sharecast News) - Polymetal International has completed the non-cash exchange of its Tarutin property in Russia for 85% of the East Tarutin property in Kazakhstan, it said on Wednesday - a plan which it had initially announced on 16 April.

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Polymetal sells Khakanja operation for $15m loss

17th Dec 2018 07:25

(Sharecast News) - Polymetal International has sold its 100% interest in Khakanja - Okhotsk Mining and Exploration Company - to a group of unrelated private Russian buyers, it announced on Monday, for a total consideration of $30m in cash and assumed debt.

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Polymetal buys rest of Nezhda, outlines production plans

29th Nov 2018 07:35

(Sharecast News) - Following the receipt of all necessary Russian regulatory approvals, Polymetal International announced the completion of the acquisition of the remaining 82.3% stake in Nezhda from entities owned by Ivan Kulakov on Thursday.

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Polymetal signs deal to sell Armenia's Kapan mine to Chaarat Gold

30th Oct 2018 07:46

(Sharecast News) - Polymetal International has entered into a legally-binding agreement with Chaarat Gold Holdings for the sale of the Kapan mine in the Republic of Armenia for a total consideration of $55m, it announced on Tuesday.

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FTSE 250 movers: Avast sinks on share sale but gold miners shine

23rd Oct 2018 14:04

(Sharecast News) - London's FTSE 250 index was down 1.84% to 18,413.18 in afternoon trade on Tuesday, with gold miners reaping rewards from sliding stock prices.

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Polymetal ups full-year production guidance

15th Oct 2018 13:53

(Sharecast News) - Precious metals specialist Polymetal International has upped its guidance for annual gold production after a "steady" third quarter.

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Polymetal lifts stake in Veduga gold deposit to 74%

15th Oct 2018 07:36

(Sharecast News) - Polymetal International said it was lifting its stake in the Veduga gold deposit in Russia to 74.3% by taking a 31.7% interest in the property's licence holder Amikan, for $19.7m in Polymetal shares.

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Polymetal upgrades resource estimates at Russia silver mine

10th Oct 2018 08:37

(Sharecast News) - Polymetal International on Wednesday upgraded the mineral resource estimate at its Russian Prognoz silver deposit after drilling results "exceeded expectations".

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Polymetal acquires remaining 20pc of Saum Mining Company

28th Sep 2018 07:58

(Sharecast News) - Polymetal International has acquired the remaining 20% stake in Saum Mining Company, the licence holder for the Saum polymetallic deposit with resources of 435 Koz of gold equivalent at 9.7 g/t, it announced on Friday.

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