Polymetal's Operations In Russia, Kazakhstan To Continue

By RTTNews Staff Writer ✉ | Published: 3/9/2022 3:18 AM ET

Polymetal International Plc (POLY.L), on Wednesday said its operations in Russia and Kazakhstan will continue while economic sanctions are being imposed by the U.S. and its allies on Russia.

Polymetal also said its six independent directors, including the Chairman and the Senior Independent Director, resigned with effect from March 7.

The Anglo-Russian precious metal mining company also expects its operational activities and production guidance to remain stable in both countries.

The company plans to pay the final dividend on March 2, 2022.

The miner said the sales of bullion and concentrate from Kazakhstan will remain as usual, at a time when the sale of bullion in Russia have been impacted by sanctions.

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