RNS Number: 2986 F FTSE Russell 11 July 2019. Polymetal International: Investability Weight Change Changes in FTSE UK Index Series. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Polymetal International Plc (POLY.L) Announced that the Voro plant has become the second Polymetal gold production operation to be certified as being in full compliance with the International Cyanide Management Code (Cyanide Code) as both a gold mining company and separately as a cyanide transporter by the International Cyanide Management Institute (ICMI). The company became a signatory to the Cyanide Code as a mining company in 2016 and as a cyanide transporter in 2018, and an independent third-party auditor has recently completed an audit of the Voro Operation and Supply Chain which confirmed that the operation maintains full compliance with the Cyanide Code's Principles and Practices. Earlier in May 2019, the Amursk POX plant, another Polymetal production, became the second gold production operation in Russia and FSU which has been certified ICMI.
Polymetal: Voro plant fully certified under International Cyanide Management Code
Polymetal: Voro plant fully certified under International Cyanide Management Code.
Polymetal: Report on payments to governments for the year 2018.
Polymetal International Plc (POLY.L) Announced that the updated JORC-compliant Ore Reserve estimate comprises 18.9 Mt of ore with an average grade of 4.6 g/t containing 2.8 Moz of gold. This represents a 111% increase in gold contained. Gold price assumption of US$ 1,200/oz was used to complete the estimate. Open-pit reserves increased by 31% to 0.8 Moz of gold contained (28% of total reserves) at an average grade of 3.8 g/t. Moreover, the company informed that the estimate incorporates results from 57 additional diamond drill holes (24 km of drilling) completed by the company in 2017 and 2018. Total investment in this exploration campaign amounted to approximately US$ 5 million or US$ 5 per ounce of newly added reserves and the bulk of new reserves is located at the depths of 500 m to 790 m from the surface. Mineralisation is represented by two contiguous sub-vertical ore bodies with an average true width of 14 and 21 m. Thickness of the ore bodies varies from 1 to 65 meters.
Polymetal International Plc (POLY.L) Announced that it has formed a partnership with a company associated with Mineral Exploration Network (Finland) Ltd (MEN) for early-stage exploration in the Chaunsk region of Chukotka, Russia. The objective of the JV is to discover high-grade near-surface gold mineralisation that can provide feed for the Mayskoye processing plant. The plant is capable for treating both sulphide ore through the flotation circuit and oxide ore through the CIL circuit.
Polymetal International plc: New exploration JV with a junior in Chukotka.
Polymetal International Plc (POLY.L) Announced that it has provided full disclosure on its tailing’s storage facilities management in response to a request from the Church of England Pensions Board and the Swedish Council on Ethics for the AP Funds.
Polymetal International plc: Full disclosure on tailings storage facilities.
Polymetal: Exchange rates for final dividend payment.