Further Growth Opportunities
Operating assets review (2/4)
Asset
Mine
Capacity
(Ktpa)
Grade
milled
Reserv
e grade
2017A
Outlook
(g/t)
(g/t
output
(koz)
Omolon
OP/
850
7.8
6.8
202
UG
CIP +
/1.3
CIP
1,000
1.3
> Stable production
and costs for the
next 7-8 years
HL
HL
Mayskoye UG/ 850
5.9
6.9
124
OP
> Stable production
for the next 8-10
years
Varvara
OP
2,500
1.3
1.6
130
> Stable production
Leach
1,000
for the next 10-12
years
Flotati
on
▲ POLYMETAL
INTERNATIONAL PLC
Priorities
> Advancing LOM extension options
> Continued resource and reserve
accretion at Olcha, Sopka, Nevenrekan,
Yolochka
> Achieve target productivity at Birkachan
HL
> Debottlenecking of the CIP section to
achieve design recovery levels for
oxidised ore from the open pit
> Maintain safety, productivity and grade
control underground
> Accelerate resource-to-reserve
conversion both in the open pit and
underground
AISC
$/oz
(2017E)
870-
910
1,140-
1,170
> Optimisation of the long-term mine plan
for the hub as a whole with evaluation
of strategic options for assets on the
Russian side of the border (Tarutin,
Maminskoye)
> Rail and process >2 Mtpa of Komar ore
> Continued active presence on the
market for 3rd party ore
1,020-
1,060
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