Public Joint Stock Company Polyus (OTCMKTS: OPYGY) is Russia’s leading gold producer, with an end-to-end business model encompassing exploration, development, mining and processing of gold and related by-products. The company specializes in high-grade, low-cost open-pit and underground operations. Its vertically integrated structure enables control over the entire value chain, from resource identification through ore extraction and metallurgical processing to gold doré production.
Polyus operates a diversified portfolio of flagship assets concentrated primarily in Eastern Siberia and the Amur region, including the Olympiada, Blagodatnoye, Verninskoye and Natalka deposits. These sites benefit from world-class geology, substantial reserves and modern mining infrastructure. The company also pursues advanced exploration programs across prospective licences in the Krasnoyarsk Territory and Irkutsk Region, leveraging its in-house geological team to bolster long-term production visibility.
Formed in 2006 through the consolidation of several major Soviet-era gold enterprises, Polyus has grown into a globally recognized mining group. The company commenced its first international equity offering in 2011 and has since reinvested proceeds into expanding production capacity, upgrading its processing facilities and enhancing automation across operating sites. Throughout its history, Polyus has maintained a strategic focus on operational excellence, cost management and disciplined capital allocation to support sustainable growth.
Guided by a seasoned leadership team with deep expertise in mineral extraction, metallurgy and commodity markets, Polyus places strong emphasis on health, safety and environmental stewardship. The board of directors and executive management prioritize rigorous safety protocols, community engagement and environmental monitoring programs designed to meet or exceed regulatory requirements. Through ongoing investments in innovation and digitalisation, the company aims to optimise asset performance, improve energy efficiency and uphold high standards of corporate governance across all of its operations.
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