PRECIOUS METALS | Polyus Projects 16% Decline in Gold Production by 2025

Russian gold producer Polyus has announced a projected decrease in its gold output, estimating a production of 2.5 million ounces by 2025, marking a 16% decline. According to Jin10, this reduction is attributed to various operational adjustments and market conditions affecting the company. Polyus, one of the largest gold producers globally, is adjusting its production strategy in response to these challenges. The company continues to monitor market trends and operational efficiencies to optimize its output in the coming years.