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stocksJun 3, 2026, 8:08 PM

Polyus Increases Blagodatnoye Ore Processing by 90% to 17 Mt/y

Polyus plans to complete construction of a new gold recovery plant in Krasnoyarsk by end of 2026, raising ore throughput at Blagodatnoye by 90% to 17 million tons per year.

PLZL

Russian gold miner Polyus (PLZL) will boost total ore processing at its Blagodatnoye operation by 90% to 17 million tons per year, driven by the construction of a new gold recovery plant.

According to the company's CEO, the new facility in Krasnoyarsk Krai is expected to be completed by the end of 2026. The expansion was reported by TASS during the St. Petersburg International Economic Forum (PMEF).

Source: MarketTwits