Russian gold miner Polyus Gold International («Polyus Gold") has published results for the second quarter of 2013. They were quite high, and showed an increase of gold production to 348,000 ounces, as a percentage of an increase of 9% compared with the results of the last quarter.
Can not boast of increasing gold mine "Olympics", in which the dynamics of the production decreased by 3% compared with the extraction of gold in the last quarter and amounted to 152,000 ounces of the precious metal. Recovery rate is still low - 73.4%.
The company attributed decline conduct scheduled and unscheduled work on the modernization of installations bioleaching. As for the recovery factor, then this field must grow - make such predictions in the "Polyus Gold".
High performance has been featured on Blagodatnoye - here the volume of gold production in the second quarter was 108,000 ounces, an increase of 25% compared to the previous quarter.
Compliance with planned targets demonstrates Verninskoye where gold mining has grown to 10,000 ounces. Now mine has delivered all the necessary equipment, start-up is scheduled for August of this year.
Analyzing the information provided by analysts Sberbank Investment Research, it can be concluded that the investment in gold is still relevant. To invest in the gold market experts recommend, confident in the future growth of the yellow metal. Make investing in gold can be by buying bullion in the company Emgoldex.
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