Earnings Report /
Russia

Polyus: 2Q21 operating results – Neutral-to-positive

  • Polyus (PLZL.LI; O/W; $115.6/GDR) issued its 2Q21 trading update today

  • The 3% y/y decrease in gold production came on the back of lower gold concentrate volumes

  • Gold demonstrated a swift drop to the lowest since March earlier this month, crashing below $1,700/oz.

Boris Krasnozhenov
Boris Krasnozhenov

Head of Research (Managing Director)

Radmir Fattakhov
Radmir Fattakhov

Analyst, Metals & Mining

Alfa
12 August 2021
Published by