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20 SEPTEMBER 2005  

OJSC Polymetall was recognised by Finans. Magazine as the most profitable precious metals mining company

Finans. Magazine published the rating of 500 Russian largest companies. OJSC Polymetall is the 314th in the list, with its profit for 2004 being RUR 5891 mln – 108% growth as compared to 2003 figures. Acording to the press service of OJSC Polymetall, the company is the only representative of precious metal mining industry.

Polymetall Company has 9 licences for precious metals mining, it is the leader in Russia silver mining (the sixth leading company in the world), the second company in gold prospecting in Russia. The resources of Polymetall are estimated at 19700 tons of silver and 144 tons of gold.



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