Polyus Gold International Limited (OTCMKTS: PLZLY) is a holding company whose principal asset is PJSC Polyus, one of the world’s leading gold producers. Through its subsidiary, the company is primarily engaged in the exploration, development, mining and processing of gold ore. Polyus Gold International’s shares are represented by global depositary receipts (GDRs) that provide international investors access to the underlying gold-producing assets.
The company’s mining operations are concentrated in the Russian Federation, where it controls several of the country’s largest gold mines. Key producing assets include the Olimpiada complex in the Krasnoyarsk region, the Blagodatnoye mine also in Krasnoyarsk, the Verninskoye operation in Irkutsk, and the Natalka project in Magadan Oblast. These mines combine both open-pit and underground methods and are supported by centralized processing facilities that ensure efficient recovery of gold from mined ore.
Polyus Gold International’s assets benefit from advanced geological exploration programmes and ongoing efforts to extend the life of its core operations. The company continues to invest in resource definition and mine development to sustain production levels, with exploration targets across Eastern Siberia and the Russian Far East. Its operating footprint spans remote regions, leveraging established infrastructure such as rail, river and road transport to move ore and concentrate to processing sites.
Founded to consolidate the Polyus group’s upstream gold business, Polyus Gold International Limited is incorporated in Jersey and maintains principal offices in London. The company delivers gold to international markets under a strategy focused on operational excellence and capital discipline, positioning it as a major supplier in the global gold sector. Leadership is drawn from experienced mining professionals and financial experts who oversee corporate governance, sustainability programmes and community engagement across its regions of operation.
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