Yuzhuralzoloto completed construction of the Vysokoye gold extraction plant, a project that has been underway since 2017. Production capacity of the plant is 5.5 tons of gold per year. Deposit reserves exceed 100 tons of gold. Total investments of the company in the project amounted to more than ₽42 billion.

Yuzhuralzolot's RAS loss for 6 months of 2024 amounted to ₽0.86 billion, down twofold from ₽1.76 billion in the previous year. Revenue rose 6.8% to ₽6.886 billion against ₽6.45 billion a year earlier.

Yuzhuralzoloto completed the placement of an additional share issue at ₽0.81 per share and raised ₽8 billion. As a result, the free float ratio increased from 6% to 10.1%, which guarantees inclusion of the shares in the first tier of the Moscow Exchange listing. Funds raised will be primarily used to further reduce the debt burden, the company emphasized.

Yuzhuralzoloto has set the price of the additional share issue at ₽0.81 a share. Last week, the company announced that it would like to sell an additional stake of 2 to 4% of the current number of shares. Raised funds will be used for further deleveraging, as well as for other general corporate purposes.