Further Growth Opportunities
Operating assets review (1/4)
Asset
Mine
Capacity Grade
(Ktpa)
milled
grade
(g/t)
(g/t
Reserve 2017A
output
(koz)
Outlook
Dukat
UG
2,300-
2,350
4.7
4.7
322
(374 g/t
Ag)
> Stable production
and costs for the
next 5 years
Albazino OP/ 1,700
4.9
4.2
269
/ Amursk
UG
▲ POLYMETAL
INTERNATIONAL PLC
Priorities
AISC
$/oz
(2017E)
> Extend LOM to 2027 while maintaining
stable costs
Start of production from high-grade
satellite deposits
10.1-
10.3
•
Step-out exploration at deeper
flanks of Dukat and Lunnoye
> Slow down grade erosion and
production decline
> Improve processing capacity utilization
> Stable production
and costs for the
next 10-12 years
> Continued
presence on the
market for 3rd party
concentrate
> Completion of the POX debottlenecking
project in Q3 2018
830-
860
> Acceleration of satellite open-pit
development: 2.4 Mt at 3.2 g/t GE
> Continued resource-to-reserve
conversion in the underground mine
> Continued near-mine exploration
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