Polyus increased gold production by 14%

Polyus' gold production in 2023 amounted to 2.902 million ounces, up 14% year-on-year. Ore processing volume increased by 1% to 48.894 million tons. Recovery rate increased by 1.2pc to 83%. In 2024, company plans to produce 2.7-2.8 million ounces of gold. Reduction in production is mainly due to lower gold content in ore processed at the Olympics.