Investing.com — Here is a summary of regulatory news releases from the London Stock Exchange on Monday, 11th November. Please refresh for updates.
- Russian-focused gold miner Polymetal (LON:) raised its assessment of gold reserves at its flagship mine Kyzyl by 18% to 8.5 million troy ounces. That equates to 41.7 million tons of ore at an average grade of 6.3 grams a ton.
- Just under half of the reserves, 4.2 million oz, can be mined in open-pit fashion, an upgrade of 37%.
- The update extends the mine’s life by eight years to 2047, and the life of the open pit by five years to 2031.
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