Russia’s largest gold mining company to boost output amid global production drop

Russian gold mining

Russian gold mining company Polyus is planning to ramp up production over the next two years, as the overall global output of the precious metal has fallen during the Covid-19 pandemic.

The company expects a small drop this year, partly due to an ore-grade decline at some of its Siberian mines, with output recovery in 2022 and 2023.

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