MOSCOW – Russian gold and silver producer Polymetal increased its ore reserves by 15% last year to 24-million ounces of gold equivalent, the company said on Monday.
Gold reserves rose 21% to 22.3-million ounces, while silver reserves fell 15% to 135-million ounces last year, Polymetal said.
Mineral resources rose 44% to 26.3-million ounces of gold equivalent, the company said.