Polyus (company)

PJSC Polyus
Company typePublic
MCXPLZL
LSEPLZL
IndustryGold mining
HeadquartersMoscow, Russia
Key people
Alexey Vostokov.[1]
ProductsGold
Revenue$5.44 billion[2] (2023)
$3.17 billion[2] (2023)
$1.73 billion[2] (2023)
Total assets$9.28 billion[2] (2023)
Total equity$−627 million[2] (2023)
Ownerprivate (80.00%) [3]
Websitewww.polyus.com

PJSC Polyus (Russian: ПАО "Полюс") is a Russian gold mining company. It is the largest gold producer in Russia and one of the top 10 gold mining companies globally by output (2.84 million ounces of gold production in 2019).[4] It is headquartered in Moscow and is listed on both the Moscow and London Stock Exchanges.[5] Polyus’ main assets are located in Eastern Siberia and the Russian Far East - in the regions of Krasnoyarsk Krai, Irkutsk Oblast, Magadan Oblast and the Republic of Sakha.

The company is controlled by Said Kerimov, son of Russian billionaire and politician, Suleyman Kerimov.[6][7][8]

  1. ^ "Алексей Востоков сменит Павла Грачёва на посту CEO Полюса" (in Russian). Интерфакс. 2022-04-11.
  2. ^ a b c d e "PJSC Polyus Annual Report 2023" (PDF). Polyus. 14 February 2024. p. 135. Retrieved 14 February 2024.
  3. ^ "Polyus.com - Shareholder structure". Archived from the original on 2023-06-01. Retrieved 2020-02-28.
  4. ^ PJSC POLYUS TRADING UPDATE FOR 4Q and 2019
  5. ^ "Russia's Polyus returns to London, UK investors take half of share offer". Reuters. 2017-06-30. Retrieved 2017-08-09.
  6. ^ Novinar, Novinar (2019-04-08). "British Investors Buy $200mn Worth of Polyus Shares". Russia Business Today. Retrieved 2019-07-26.
  7. ^ "Russia's Polyus Gold sold 3.8% SPO for $400mn". www.intellinews.com. 2019-04-04. Retrieved 2019-07-26.
  8. ^ "Controlling shareholder of Russia's Polyus selling a 3.5% stake via ABB". Retrieved 2019-07-26.