By Jaime Llinares Taboada
Polyus PJSC said Thursday that its gold revenue increased 21% in the second quarter from the prior period, reflecting stronger production and sales volumes.
The Russian gold miner said estimated sales rose to around $1.23 billion in the three months ended June 30, compared with $1.02 billion in the first quarter.
Sales volumes increased 19% to 679,000 ounces, and realized gold prices strengthened 2% to $1,815 per ounce.
Gold production was up 13% at 671,5000 ounces, reflecting higher refined volumes across all deposits.
The company reaffirmed full-year production guidance at around 2.7 million ounces.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
08-12-21 0248ET