Krasnoyarsk region

Olimpiada

Polyus' principal operations in the Krasnoyarsk region are located at the Olimpiada deposit, which, for the full year 2009, accounted for 66.5% of the Polyus Group's total gold production. The facilities of the Olimpiada mine include two processing plants, with combined capacities of 8 MTPA. Polyus' proprietary bio-oxidation technology (BIONORD) is applied to process refractory sulfide ores of the Olimpiada deposit.

Blagodatnoye

The Blagodatnoye mine, one of the largest gold producing enterprises in Russia, was commissioned in July 2010. The project was fully implemented by Polyus' in-house team, starting from exploration in the beginning of 2000-s, followed by feasibility preparation after the project was approved by the Board in 2007, and mine construction beginning in late 2007 - early 2008. Blagodatnoye began operating in a precomissioning mode late 2009, and produced 80 k oz of gold in the first half of 2010.

The plant's capacity is 6 MTPA to be achieved in 2011, making it the largest ore processing plant in Russia. The projected average annual gold production at Blagodatnoye is 412 k oz. Total capital expenditure amounted to USD 450 million.

The technology applied at the plant: gravitation, floatation, intense cyanidation, sorption leaching.

Polyus outsources the refining of the output from all its production units into final product conforming to the international Good Delivery standard. The metal produced by the company's enterprises in Krasnoyarsk region is refined at the Krasnoyarsk Non-Ferrous Metals Plant.

Titimukhta

 One more processing plant of the Olimpiada mine, which used to process oxide ore of Olimpiada, now depleted, had been reconstructed to work with ores of the near-by Titimukhta deposit. The reconstruction was completed by the beginning of 2009 and gold production from the ores of Titimukhta commenced in April 2009. The plant's capacity was increased from 1.5 to 2.2 MTPA. RIP cyanide leaching is applied.