LSE: 1,374.00 -2.45% MOEX: 1,375.80 -1.67% AIX: 18.42 -4.16% GOLD: $ 1,816.05 -2.42% Поиск RU Main page About Polymetal Strategy and business model Business model BUSINESS MODEL WHAT MAKES US DIFFERENT Focus on high-grade assets Return on investment in the precious metals industry is reliant on grades and mining conditions. We achieve better returns and lower risks from our project portfolio by setting appropriate thresholds on head grades and largely focusing on open-pit mines. Strong capital discipline We engender a strong focus on capital discipline throughout the business; maximising risk-adjusted return on capital is our priority in all investment decisions. We do not retain excess cash and return free cash flow to shareholders through substantial dividend payments while retaining a safe leverage level. Investing in exploration Investment in both greenfield and near-mine exploration provides us with a cost-effective increase in our reserve base and, along with successful acquisitions, is the key source of our long-term growth. Hub-based system Our centralised hub-based system handles ores from different sources, achieving economies of scale by minimising processing and logistics costs, as well as capital spending per ounce. This facilitates production at otherwise uneconomical medium- and small-sized near-plant deposits. Exemplary governance We engender a strong focus on capital discipline throughout the business; maximising risk-adjusted return on capital is our priority in all investment decisions. We do not retain excess cash and return free cash flow to shareholders through substantial dividend payments while retaining a safe leverage level. Operational excellence We pride ourselves on our operational excellence and delivering on our promises to shareholders. Despite difficult trading conditions, we beat our production guidance for the fourth consecutive year. INTERACTIVE MAP © 2021 Polymetal International plc DOCUMENTS Privacy notice PDF (156.13 Kb) Modern Slavery Act Transparency Statement 2020 PDF (427.04 Kb) USEFUL LINKS Glossary Sitemap COVID-19 STAY TUNED Contacts Hotline Please note that https://www.polymetalinternational.com/ and https://www.polymetal.ru/ (auto-redirecting to https://www.polymetalinternational.com/ru/) are the two only official URLs of Polymetal International plc. Other websites even if they resemble the official ones and/or contain full or a part of the Company’s name in their URL do not relate to Polymetal International plc or its subsidiaries. Cookie information We use "cookies" and other device identifying technologies (text files) which will be saved on your computer and which will allow an analysis of your use of the Site. You have the right to choose whether or not to accept cookies. However they are an important part of how our site works, so you should be aware that if you choose to refuse or remove cookies, this could affect the availability and functionality of the site. Learn more from Privacy notice. I accept cookies