News and Press-releases

GV Gold will pay RUB 1.9 billion of dividends for 9M 2018

For the first time, GV Gold (Vysochaishy, PJSC) will pay its shareholders the interim dividends for 9m 2018 totalling RUB 1.9 billion.

This resolution was made at the Extraordinary General Meeting of the GV Gold (Vysochaishy, PJSC) Shareholders which took place on December 28, 2018.

Company Profile

GV Gold (Vysochaishy, PJSC) is one of largest and fastest growing Russian gold mining companies. It develops open pit deposits and washes gold at the country’s largest alluvial deposit. In 2017, the Company produced 225 koz of gold, becoming the 7th largest gold miner in Russia. In 2018, the Company expects to produce 280-300 koz.

Its key operating assets are located in the Irkutsk Region and the Republic of Sakha (Yakutia). The Company operates four mines with a total capacity of 8 Mtpa of ore and holds 20 mining and exploration licenses. GV Gold boasts an extensive resource base, with JORC reserves and resources estimated at 4.4 Moz and 7.0 Moz, respectively.

The Company adheres to high corporate governance standards and has a transparent ownership structure, with BlackRock among its shareholders (17.99%).

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