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Russia's Polyus sees 2020 gold output at 4.4mn oz
MOSCOW : The board of Polyus Gold , Russia 's biggest gold producer, approved on Tuesday its development strategy, w
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"The successful execution of the strategy will raise the company's gold production to 115 tonnes per year in 2016 and to over 137 tonnes (4.4 million ounces) in 2020," Polyus Gold said in a statement.
Polyus Gold produced 1.4 million ounces (43 tonnes) of gold in 2010.
Copyright Reuters, 2011