Russian gold and silver producer Polymetal reported on Thursday an 11% rise in fourth quarter revenue, compared to a year earlier, on record high production following a full ramp-up at its mine in Kazakhstan.
The London-listed firm, part-owned by businessman Alexander Nesis, launched the Kyzyl mine in Kazakhstan in 2018 and shortly after began construction at its new Nezhda gold mine in Siberia, which will contribute to its dividends in 2022.