|
www.finanzen.net/analyse/...al_International_buy-Nomura_470963
Polymetal International meldet die Produktionszahlen für das 2. Quartal 2017:
“Polymetal has delivered a solid operational performance in Q2 2017 and is on track to meet its FY 2017 guidance”, said Vitaly Nesis, Group CEO of Polymetal, commenting on the results. “In addition, it is great to see that our recent acquisitions, Komar and Kapan, are demonstrating strong results.”
Quelle: www.polymetalinternational.com/...7/2017-07-25.aspx?sc_lang=en
Polymetal International meldet Finanzergebnisse für das 1. Halbjahr 2017:
FINANCIAL HIGHLIGHTS
www.polymetalinternational.com/...7/2017-08-29.aspx?sc_lang=en
Polymetal meldet Reservenanstieg auf Komar
www.polymetalinternational.com/...7/2017-10-11.aspx?sc_lang=en
Polymetall meldet Produktionszahlen für Q3/17
HIGHLIGHTS
“Our operational performance in the third quarter was very robust and the Company remains on track to meet its annual production and cost guidance”, said Vitaly Nesis, Group CEO of Polymetal, commenting on the results. “Meanwhile, Kyzyl continues to advance towards first concentrate production in less than a year’s time”.
www.polymetalinternational.com/...7/2017-10-16.aspx?sc_lang=en
www.miningweekly.com/article/...onfirms-fy-guidance-2017-10-16
Polymetal meldet Produktionszahlen für 2017
HIGHLIGHTS
Polymetal produced 405 Koz of gold equivalent (GE) in Q4 2017, an 8% increase over the same period in the previous year. Total GE production for FY 2017 increased 13% year-on-year to 1,433 Koz, 2% above our initial production guidance of 1,400 Koz. The strong finish to 2017 was driven by contributions from the fully ramped-up Svetloye heap leach (Okhotsk hub), as well as a strong performance at Komar (Varvara hub), Omolon and Amursk-Albazino.
Gold production in Q4 was 317 Koz, an 11% increase year-on-year, while silver production was down 6% to 6.6 Moz due to the planned grade decline at the Dukat underground mine. Full year gold production totaled 1,075 Koz, a 21% increase year-on-year, allowing Polymetal to join the prestigious 1Moz club, the second LSE premium-listed gold company to achieve this important milestone.
The Kyzyl project is progressing on schedule with commissioning expected to start in July and first concentrate expected in mid-August 2018. During the quarter, the Company completed the tailings storage facility and installed the ROM ore crusher unit. First ore has been mined from the open pit in January, ahead of schedule.
Net debt stood at US$ 1,421 million as of December 31, 2017. This represents a substantial US$ 178 million decrease compared with the previous quarter end as free cash flows benefited from the traditional seasonal de-stockpiling at a number of operations.
In 2017, Polymetal paid out US$ 138 million in dividends, translating into a 2.7% dividend yield based on the average share price for the year. The Board has decided that there will be no special dividend for 2017 as free cash flow will be distributed to shareholders through the regular dividend at an increased pay-out ratio of 50% of underlying net income. The final dividend for 2017 will be proposed by the Board in March 2018 based on final financial results
www.polymetalinternational.com/en/...ress-releases/24-01-2018/
Polymetal erhöht seinen Anteil an einem Silber-Projekt auf 50%
www.miningweekly.com/article/...ped-silver-property-2018-02-19
Polymetal meldet Produktionszahlen für Q1/18
HIGHLIGHTS
Polymetal produced 295 Koz of gold equivalent (“GE”) in the first quarter of 2018, a 5% year-on-year (“y-o-y”) increase. Strong performances at Albazino, Varvara, and Svetloye more than compensated for the grade-driven decline at Omolon.
Gold production for the quarter increased 8% over the previous year to 214 Koz, while silver production decreased by 3% to 6.0 Moz.
Q1 revenues increased 19% year-on-year to US$ 354 million driven by volume growth, higher commodity prices, and lesser impact from seasonal refinery closures (compared to the previous year). Silver sales traditionally lagged production due to the seasonal increase in concentrate inventories. This working capital build-up is expected to reverse by year-end, whereas gold sales volumes were largely in line with production.
At Kyzyl, construction activities are anticipated to complete slightly ahead of schedule. Dry commissioning of the processing plant is expected to start on June 1st, while first concentrate production is expected on August 1st.
Net debt increased from US$ 1,421 million as at 31 December 2017 to US$ 1,578 million as at 31 March 2018, primarily due to the accumulation of silver inventory and seasonal advance purchases of diesel fuel and other consumables. Free cash flow generation in 2018 will, as is usual for Polymetal, be weighted towards the second half of the year.
The Company remains on track to produce 1.55 Moz of GE in 2018 and reiterates its annual cost guidance: total cash costs in the range of US$ 650-700/ GE oz and AISC costs in the range of US$ 875-925/GE oz. The cost guidance remains contingent on the Rouble/Dollar exchange rate dynamic, which has a significant effect on the Group’s operating costs.
In April 2018, Polymetal increased its ownership in the Prognoz silver property to 50%, which is the largest undeveloped primary silver deposit in Russia. An updated JORC-compliant mineral resource estimate and a preliminary economic assessment for the asset will be published in Q4 2018.
We are saddened to report a fatal accident on March 3rd, 2018 at our Kapan operation in which an underground miner died from gas poisoning. The management team are currently developing a comprehensive action plan aimed at mitigating the risks associated with air quality and efficiency of ventilation in underground mines. The first steps included the purchase of additional air monitoring equipment including the introduction of remote air quality sensors throughout our operations.
www.polymetalinternational.com/en/...ress-releases/18-04-2018/
Polymetal kauft die restlichen 50% des Prognoz Silberprojektes
www.polymetalinternational.com/en/...ss-releases/24-04-2018-b/
Polymetal meldet Produktionszahlen für Q2/18
HIGHLIGHTS:
www.polymetalinternational.com/en/...ress-releases/26-07-2018/
Polymetal meldet Ergebnisse für H1/18
FINANCIAL HIGHLIGHTS
www.polymetalinternational.com/en/...ss-releases/21-08-2018-a/
Polymetal gibt Resourcenschätzungen für Prognoz ab
www.miningweekly.com/article/...-silver-deposits-polymetal-2018-10-10
Polymetal erhöht seinen Anteil an Veduga Goldprojekt auf ~74%
www.polymetalinternational.com/en/...ess-releases/15-10-2018/
Polymetal meldet Produktionszahlen für Q3/18
HIGHLIGHTS
Polymetal produced 447 Koz of gold equivalent (GE) in the third quarter of 2018, down 5% year-on-year as large volumes of concentrate produced at Kyzyl (36 Koz of gold) and Mayskoye (34 Koz of gold) are to be shipped and booked as production in the fourth quarter. Gold production for the quarter was 356 Koz, down 4% year-on-year, while silver production decreased by 10% to 6.7 Moz as a result of planned grade declines at Dukat. GE production for the first nine months of 2018 was 1,066 Koz, a 4% increase year-on-year and in line with production guidance.
Kyzyl successfully ramped up to full throughput capacity of 150 Kt per month with a recovery rate of 86%. Concentrate shipments to Amursk POX and to off-takers in China commenced and are expected to match production once the new railway spur is commissioned in October. Since the start-up Kyzyl delivered 47 Koz of gold in concentrate of which 10 Koz was booked in production, and is likely to exceed its production guidance of 80 Koz of payable gold shipped for 2018. The Company will be hosting a site visit at Kyzyl on October 18-19, 2018.
Q3 revenue was down 16% year-on-year to US$ 459 million on the back of lower metal prices and lower sales volumes due to the build-up of working capital in the form of concentrate. Gold sales volumes totalled 321 Koz, while silver sales totalled 5.3 Moz.
Net debt increased to US$ 1.8 billion due to the build-up of working capital as the company paid US$ 78 million in regular dividends for 1H 2018 (US$ 0.17 per share). The Company expects to generate the bulk of free cash flow in 2018 in the fourth quarter on the back of de-stockpiling at Kyzyl and Mayskoye. Consequently, a meaningful reduction in net debt is expected to be recorded in Q4.
Polymetal had no fatalities in Q3 and recorded a meaningful improvement in the Group’s LTIFR for the second consecutive quarter and year-on-year.
Effective from 24 September, Polymetal was the first Russian company to join the Dow Jones Sustainability Index, ranking 8th among other mining companies in the index series. The Company also improved its Sustainalytics rating, coming in 1st among 47 mining companies worldwide, which made it eligible for the highest available discount on the interest rate on its ING US$ 80 million sustainability performance-linked loan.
Polymetal is likely to exceed its FY 2018 production guidance of 1.55 Moz of GE by up to 50 koz of GE. The Company reiterates its production guidance of 1.7 Moz for 2019 and 1.8 Moz for 2020 and notes that the guidance will be revised in the event of non-core asset disposals.
Given the recent weakness of the Rouble and Tenge against the US dollar, it is likely that the Company will outperform its cost guidance of US$ 650-700/GE oz for Total Cash Costs (“TCC”) and US$ 875-925/GE oz for All-in Sustaining Cash Costs (“AISC”).
www.polymetalinternational.com/en/...s-releases/15-10-2018-b/
Chaarat hat Interesse an der Kapan Mine in Armenien
www.polymetalinternational.com/en/...ess-releases/26-10-2018/
|
Wertung | Antworten | Thema | Verfasser | letzter Verfasser | letzter Beitrag | |
2 | 178 | Polymetal steigert Goldproduktion um 48% in Q3/12 | Balu4u | slackstick | 28.12.23 18:19 | |
2 | 2 | Kommt die goldene Ost-Allianz? | insect | Berliner_ | 28.02.17 14:21 |