Development projects

Holding one of the world’s largest gold reserve base, Polyus Gold is well-positioned to convert it into gold production given the Company’s strong financial position and excellent track record of commissioning new mines. Polyus Gold existing development pipeline includes several projects in various stages.


Located about 400 km away from the sea port of Magadan in the Far East of Russia, Natalka is a large open-pitable deposit.

Key facts

  • Location – Magadan region, Far East, Russia
  • Stage - Construction
  • Gold reserves (proven and probable) – 16.2 mln ounces 
  • Gold resources (measured, indicated and inferred) – 36.8 mln ounces 
  • Mining type – Conventional shovel-and-truck open-pit operation