Polymetal International plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Vitaly N. Nesis
- Full Time Employees
- 15,160
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- Parthenonos, 6 Limassol Cyprus 3031
- IPO Date
- Jan 8, 2021
- Website
- polymetalinternational.com
- Similar Companies
- Business
- Polymetal International plc (now operating as Solidcore Resources plc following a June 2024 name change) is a precious metals mining company focused on gold and silver production in Kazakhstan; the firm operates the Kyzyl flagship mine, featuring a 2.4 million tonne per annum flotation plant processing high- and low-carbon refractory concentrates from the Bakyrchik deposit via open-pit and planned underground methods; and the Varvara hub, encompassing Varvara open-pit mine, Komarovskoye open-pit deposit, Baksy joint venture, leaching and flotation facilities with 4.2 million tonne per annum capacity producing gold doré and copper/gold concentrates. Listed on the Astana International Exchange, the company, founded in 1998 and headquartered in Astana's AIFC, Kazakhstan, targets refractory ore processing expertise, including development of the Ertis POX project -- Kazakhstan's first large-scale pressure oxidation facility with 250-300 thousand tonne per annum concentrate capacity, slated for launch in 2028 to enable in-house treatment of Kyzyl output currently toll-treated at Amursk POX under a transitional agreement. In March 2024, Polymetal completed divestment of its entire Russian business to Mangazeya Plus for $3.69 billion, enabling full focus on Kazakhstan assets, de-risking operations, deleveraging net debt to approximately $130 million cash position, and pursuing Central Asian growth including exploration at North Balkhash and Komar flanks; additional recent developments encompass re-domiciliation from Jersey to AIFC Kazakhstan in August 2023, delisting from the London Stock Exchange, a strategic partnership with Lancaster Group for the Syrymbet polymetallic property, acquisition of a 10.7% stake in Besshoky, and ICT Group's sale of its 23.9% stake to an Oman government-led consortium in January 2024.
Polymetal International plc (AUCOY) Q4 2025 Earnings Call Transcript
Polymetal International agrees to sell Russian assets for $3.69 bln
Polymetal's Q3 EBITDA up 125% to $436 million on higher gold equivalent production, lower costs
Polymetal reports net earnings of $190M in H1 2023 as gold and silver sales up
Polymetal International: On The Path To Restoring Shareholder Value
Polymetal: Relisting Is A Buying Opportunity (Rating Upgrade)
Polymetal International plc (POYYF) Q4 2022 Earnings Call Transcript
Polymetal: Buy The Dip
Polymetal: Inflection Point Reached
Polymetal International plc (POYYF) Q3 2022 Earnings Call Transcript
Polymetal posts gold equivalent production increase in Q3, revenue down 13%
Polymetal: A Look Beyond The Headlines Of H1 2022 Financial Results
Polymetal International: Undervalued, But No Immediate Catalysts And Considerable Uncertainties
Polymetal International says Asian gold sales back on track after China disruption
Polymetal: Worth It As A Medium-Term Speculation
Polymetal International shelves dividend over impact of Russia sanctions
Polymetal International: It Takes Grit To Buy This 26% Dividend Made Of Gold
Polymetal International sees boost in Russian demand for gold; reassures on Russia sanctions
Polymetal International confirms it is 'evaluating options' in wake of Ukraine invasion
Polymetal International PLC - Reminiscent Of A Call Option With No Expiry Date