PJSC Polyus Natalka Mill Operates at Above 80% of Design Processing Capacity

PJSC Polyus Natalka Mill Operates at Above 80% of Design Processing Capacity

PJSC Polyus announced that the Natalka Mill has reached the level of above 80% of its design throughput capacity of 10 million tons on an annualized basis. Natalka has produced more than 40,000 ounces (oz) of gold since the beginning of the year. Following the ramp-up, the mill will be producing 450,000 oz of gold annually.

“This is an important milestone in bringing Natalka online,” Pavel Grachev, CEO of Polyus, said. “We are very content with the pace of the ramp-up and look forward to the achievement of the full capacity shortly. The Natalka operations will contribute to Polyus’ targeted increase in overall gold production to 2.8 million ounces in 2019.” Polyus is the largest gold producer in Russia and one of the top 10 gold miners globally with the lowest cost position.

As featured in Womp 2018 Vol 06 - www.womp-int.com