Polymetal International PLC POLY

Latest Morningstar Commentary
DateAuthor Headline
14/12/2012Alanna Petroff Quiet End to a Quiet Week
FRIDAY MARKET UPDATE: The FTSE 100 was essentially unchanged on Friday, marking an end to a rather quiet week in the markets

Latest Company News

DateTimeSourceHeadlineType
Previous Stories...
21/05/201316:17RNSPolymetal International PLC - Exchange rate for dividend paymentDiv
08/05/201307:00RNSPolymetal International PLC - Notice of AGMNOA
08/05/201307:00RNSPolymetal International PLC - TR-1: Notification of Major Interest In SharesHOL
07/05/201310:07RNSPolymetal International PLC - Director/PDMR ShareholdingRDS
07/05/201307:00RNSPolymetal International PLC - Director/PDMR ShareholdingRDS
30/04/201307:00RNSPolymetal International PLC - Total Voting RightsTVR
25/04/201308:11RNSPolymetal International PLC - Annual and Sustainability Reports 2012 publishedNOR
25/04/201308:07DJDJ Polymetal CEO: Gold Price Drop Poses No Problem For Existing OperationsCOM
25/04/201307:39DJDJ Polymetal to Review Capital Spending, Exploration on Lower Gold, Silver PricesERN
25/04/201307:01RNSPolymetal International PLC - 1st Quarter Production ResultsQRF
23/04/201310:42DJDJ Russia's Onexim May Buy Out Rusal's Debt or Exit Company -ReportMNA
19/04/201311:08DJDJ Polymetal CEO Buys Shares to Help Bolster Stock PriceTRS
19/04/201307:00RNSPolymetal International PLC - Director/PDMR ShareholdingRDS
18/04/201313:56DJDJ Petropavlovsk Founder: Gold Will Take Over A Year To RecoverCOM
18/04/201307:51RNSPolymetal International PLC - Director/PDMR ShareholdingRDS
16/04/201307:08DJDJ Polymetal: Mayskoye Mine Produced First Dry Gold ConcentrateCOM
16/04/201307:01RNSPolymetal International PLC - Start-up of the processing plant at MayskoyeACQ
15/04/201319:53DJDJ Gold's Plunge Hits Mining Companies as Margin Squeeze Fears RiseCOM
15/04/201310:04DJDJ ANALYST RATINGS CHANGES AS OF 0700 GMTCOM
15/04/201309:02DJDJ ANALYST RATINGS CHANGES AS OF 0700 GMTCOM
Regulatory News Abstract
DateType Story
08/05/2013Business Event Notice of AGM
At the company's AGM to be held on 12 June 2013, special resolutions to allot equity securities for cash and to make market purchases of Ords of the company, will be proposed
25/04/2013Adviser Change Appointment of Solicitor
Mouaimis & Mouaimis Advocates has been appointed as Solicitor to the company
25/04/2013Business Event Q1 2013 production results
The company announces the production results for the first quarter ended March 31, 2013. Quarterly silver production at Dukat increased by 21.0% compared to prior year period driven by further improvement in throughput, grades and recoveries at the Omsukchan concentrator. Silver production was also up 18.0% compared to previous quarter. Quarterly gold production at Khakanja was essentially flat while quarterly silver production decreased by 26.0%, and production in both gold and silver declined quarter-on-quarter. The company re-confirms its 1.20 Moz production guidance, after having significantly de-risked the achievement of the 2013 targets on the back of the timely start-up of the Mayskoye concentrator in April, successful renewal of the off-take agreement for Albazino, and Amursk POX ramp-up and remedial action plan progressing in accordance with schedule.
25/04/2013Adviser Change Appointment of Solicitor
Grata Law Firm has been appointed as Solicitor to the company
25/04/2013Trading Statement Continues to deliver sustainable value
ch - "Our focus continues to be firmly on delivering results and building sustainable value for the long term"
16/04/2013Business Event Start-up of the processing plant at Mayskoye
The company announces that the flotation concentrator at the Mayskoye mine was successfully started up, producing its first dry gold concentrate. The Mayskoye concentrator has a nameplate capacity of 850 Kt of ore per annum. The full ramp-up is expected to take 6 months, with design throughput and recoveries scheduled to be achieved in October 2013. The underground mine at Mayskoye has been operational since the beginning of 2010, with 0.03m of underground development completed during 2009 - 1Q 2013 and 280Kt of ore grading 9.20 g/t gold mined. Active stoping commenced from 2013, with 145 Kt of ore mined in the first quarter of 2013.
10/04/2013Acquisition Completes acquisition of Maminskoye gold deposit
The company announces that the acquisition of 100% of ZAO Maminskaya Gornorudnaya kompania which holds Maminskoye gold mining field exploration and mining licence was completed on 09 April 2013. The total consideration for acquisition comprised US$3.90m in cash with the balance of US$73.4m payable through the issue of 5.49m new Ords of the company. The new shares are expected to be admitted to trading on LSE on 11 April 2013
13/03/2013Business Event Reserves and Resources update
The company provides an update on Ore Reserves and Mineral Resources that it increased its Ore Reserves by 6.00% to 15.1 Moz of gold equivalent while Mineral Resources grew by 35.0% to 18.7 Moz of gold equivalent. The key additions to Ore Reserves were the resource-to-reserve conversions at Tsokol and Dalniy, Avlayakan and Ozerny, and Goltsovoye. The major contributor to growth in gold Mineral Resources was the doubling of the resource base at Albazino, adding a total 3.10 Moz of gold Mineral Resources and marking an important exploration success for the company. Silver Mineral Resources decreased, mainly due to resource-to-reserve conversions at Goltsovoye, Tsokol, Ozerny and Avlayakan
04/03/2013Business Event Inclusion in STOXX Europe 600 Index
The company announces that following the quarterly review of the STOXX Europe 600 Index, STOXX Ltd. announced inclusion of the company in the Index, which will become effective on 18 March 2013
20/02/2013Acquisition Acquitision of Maminskoye gold deposit
The company announce that its wholly owned subsidiary JSC Polymetal has entered into a binding memorandum of understanding with Vitalex Investments Ltd and Arrowline Investments Ltd to acquire a 100% interest in ZAO Maminskaya Gornorudnaya kompania, which holds an exploration and mining licence for the Maminskoye gold mining field valid until 2023. The agreed enterprise value of MGK is US$95.5m. The total consideration payable for the shares in MGK at completion of the transaction is equal to approximately US$77.2m, being the agreed enterprise value reduced by the amount of debt of MGK outstanding at completion. The consideration will consist of US$3.90m payable in cash, with the balance of US$73.3m payable in company's shares
30/01/2013Business Event Production results
The company has demonstrated strong operational performance throughout the year. Metal sales for the full year exceeded production for both gold and silver. Annual gold and silver production was 589 and 26.5 Moz, up 33.0% year-on-year. Design daily concentrate throughput at Amursk POX was achieved in late November 2012. The company is reviewing the option of resuming Albazino concentrate sale to 3rd-party off-takers for 2013. The company re-confirms its 2013 production guidance of 1.20 Moz of gold equivalent and expects total cash costs in 2013 to be approx. US$700-725/GE oz and capital expenditures of approx. US$300m
24/01/2013Acquisition Completion of acquisition of Olcha deposit
The company announces that the acquisition of 100% of Olymp Ltd has been completed. The company has issued 0.78m new Ords as a consideration in respect of this acquisition on 24 January 2013