LSE: 1,372.50 -2.56% MOEX: 1,375.50 -1.69% AIX: 18.42 -4.16% GOLD: $ 1,816.05 -2.42% Поиск RU Main page About Polymetal At a glance Our history OUR HISTORY 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 SUCCESSFULLY RESPONDING TO GLOBAL CHALLENGES In 2020, our focus was on safety, sustainability of production and cash flows. The Company implemented a number of strict measures to fight the spread of the Covid-19 virus among our employees, and allow our operations and projects to progress on schedule. Increased output supported by high metal prices and favourable exchange rates resulted in record EBITDA and free cash flow. With a view to increasing transparency in dividend decision making process, adding predictability into capital allocation approach while aiming to maintain an above sector-average dividend yield, the Board approved a discretion to increase the final dividend amount to a maximum annual payout of 100% of Free Cash Flow (provided that it is greater than 50% of Underlying Net Income). At POX-2, the world’s largest autoclave was successfully delivered and installed, POX building metal framework, foundations for desorption/electrolysis circuits as well as the oxygen station were completed. At Nezhda, mining and construction activities progressed on schedule. As of the end of the year, the plant’s building was completed, SAG, ball mills, flotation and gravity equipment installed. ROM ore crusher and crushed ore reclaim feeders installed. The Company completed initial Ore Reserve estimates at East Bakyrchik (Kyzyl), Prognoz, and Pescherny (Voro hub) which resulted in Group Ore Reserves increase of 10% year-on-year to 28 Moz of gold equivalent. Polymetal continued to actively invest in energy efficient technologies and responsible waste and water management. The Company agreed the first US$ 125 million Green Loan in the Russian metals and mining industry with Societe Generale to finance investments in transition to a sustainable and low-emissions economy under the Green Financing Framework. Key highlights 1.6 GE production, Moz $1,686m Adjusted EBITDA 6.3% 2020 proposed dividend yield 100% FCF dividend payout Explore key historical data Production and Financial Datapack XLSX (1.02 Mb) ESG Datapack xlsx (592.16 Kb) © 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