Renewables cover 100% of Polyus energy consumption Polyus (LSE, MOEX: PLZL) ( Polyus , the Company , and together with its subsidiaries - the group ), announces that the group has acquired I-REC green certificates to offset emissions from the remaining share of Polyus energy consumption not yet directly met by renewable energy sources. Combined with the large-scale hydropower supply contracts the Company signed earlier, this means Polyus now covers 100% of its electricity demand with renewable energy. The certificates acquired by the group for 1Q 2021 represent a total of 303.5 GWh produced from renewable energy sources. TGC-1 (Nizhne-Svirskaya HPP-9 and Verkhne-Svirskaya HPP-12 as generating facilities) and Vitimenergosbyt (Mamakanskaya HPP as generating facility) acted as the certificate issuers. The transaction with TGC-1 was conducted on the cloud platform of the Sberbank Blockchain Laboratory, where transactions with such certificates are recorde
PJSC Polyus Ore Reserves and Mineral Resources Update PJSC Polyus (LSE, MOEX - PLZL) ( Polyus , the Company ) announces its Ore Reserves and Mineral Resources estimates as at 31 December 2020, in accordance with JORC Code 2012. The Company s total Proved and Probable Ore Reserves have increased 71% to 104 million ounces of gold, compared to 61 million ounces of gold as at 31 December 2019. The updated estimate primarily reflects the inclusion of Ore Reserves for Sukhoi Log as well as additions at several operating mines, derived from a comprehensive drilling program across the Company s asset portfolio launched in 2018. The Measured, Indicated and Inferred Mineral Resources are estimated at
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