Polymetal International plc (POLY) 
Polymetal International plc: Full disclosure on tailings storage facilities 
 
20-May-2019 / 09:00 MSK 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
Release time IMMEDIATE LSE, MOEX, AIX: POLY / ADR: AUCOY 
Date         20 May 2019 
 
Polymetal International plc 
 
Full disclosure on tailings storage facilities 
 
        Polymetal has today provided full disclosure on its tailings storage 
   facilities management in response to a request from the Church of England 
          Pensions Board and the Swedish Council on Ethics for the AP Funds. 
 
    As of today, Polymetal operates 9 tailings storage facilities (TSF) at 7 
  operating mine sites in Russia and Kazakhstan, and 2 dry stack facilities. 
      To date, there have been no environmental accidents involving tailings 
           facilities at the Company's operations. 
 
          All of Polymetal's TSFs undergo regular audits for compliance with 
    environmental legislation requirements as well as safety examinations to 
   prevent accidents and eliminate causes of dam failure. TSFs are regularly 
    monitored by our on-site environmental and engineering teams. Pipelines, 
        pump stations, water levels and dams are inspected on a daily basis. 
     Polymetal ensures emergency preparedness and response procedures at all 
           stages of TSFs lifespan. 
 
In 2018, the Company improved control and increased the rigour of assessment 
 and management of tailings storage facilities, including emergency response 
           plans. 
 
The Company is increasingly shifting towards safer methods of waste storage, 
           particularly dry stack (filtered cake) tailings. This technology 
   significantly reduces the probability of dam failure, minimises potential 
  damages in case of an accident, and eliminates tailings run-off. Polymetal 
 plans to use dry stacking at all new projects where it is possible. For the 
  two projects currently in construction, Nezhda and POX-2, tailings will be 
           dry stacked. 
 
    Polymetal fully supports the need for greater transparency in the mining 
       sector and discloses full details on each of its TSF and how they are 
           managed. The full TSF management disclosure is available at 
 https://www.polymetalinternational.com/en/sustainability/environment/#waste 
           [1]. 
 
           About Polymetal 
 
    Polymetal International plc (LSE, MOEX, AIX: POLY, ADR: AUCOY) (together 
    with its subsidiaries - "Polymetal", the "Company", or the "Group") is a 
 top-20 global gold producer and top-5 global silver producer with assets in 
     Russia and Kazakhstan. The Company combines strong growth with a robust 
           dividend yield. 
 
           Enquiries 
 
Media                     Investor Relations 
 
FTI          +44 20 3727  Polymetal ir@polymetalinternational.com 
Consulting   1000 
 
                          Eugenia   +44 20 7016 9505 (UK) 
Leonid Fink               Onuschenk 
                          o 
 
Viktor 
Pomichal                  Timofey 
                          Kulakov 
                                    +7 812 334 3666 (Russia) 
 
                          Michael 
                          Vasiliev 
 
Joint Corporate Brokers 
 
Morgan       +44 20 7425  RBC       +44 20 7653 4000 
Stanley      8000         Europe 
                          Limited 
 
Andrew 
Foster                    Marcus 
                          Jackson 
 
Richard 
Brown                     Jamil 
                          Miah 
 
Panmure 
Gordon       +44 20 7886 
             2500 
 
Charles 
Lesser 
 
James 
Stearns 
 
FORWARD-LOOKING STATEMENTS 
 
       THIS RELEASE MAY INCLUDE STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, 
"FORWARD-LOOKING STATEMENTS". THESE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS 
        AT THE DATE OF THIS RELEASE. THESE FORWARD-LOOKING STATEMENTS CAN BE 
   IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY, INCLUDING THE WORDS 
         "TARGETS", "BELIEVES", "EXPECTS", "AIMS", "INTENDS", "WILL", "MAY", 
   "ANTICIPATES", "WOULD", "COULD" OR "SHOULD" OR SIMILAR EXPRESSIONS OR, IN 
EACH CASE THEIR NEGATIVE OR OTHER VARIATIONS OR BY DISCUSSION OF STRATEGIES, 
PLANS, OBJECTIVES, GOALS, FUTURE EVENTS OR INTENTIONS. THESE FORWARD-LOOKING 
      STATEMENTS ALL INCLUDE MATTERS THAT ARE NOT HISTORICAL FACTS. BY THEIR 
    NATURE, SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, 
 UNCERTAINTIES AND OTHER IMPORTANT FACTORS BEYOND THE COMPANY'S CONTROL THAT 
  COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY 
 TO BE MATERIALLY DIFFERENT FROM FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS 
           EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. SUCH 
  FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS REGARDING THE 
     COMPANY'S PRESENT AND FUTURE BUSINESS STRATEGIES AND THE ENVIRONMENT IN 
WHICH THE COMPANY WILL OPERATE IN THE FUTURE. FORWARD-LOOKING STATEMENTS ARE 
     NOT GUARANTEES OF FUTURE PERFORMANCE. THERE ARE MANY FACTORS THAT COULD 
   CAUSE THE COMPANY'S ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS TO DIFFER 
     MATERIALLY FROM THOSE EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS. THE 
COMPANY EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO DISSEMINATE ANY 
  UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENTS CONTAINED HEREIN TO 
 REFLECT ANY CHANGE IN THE COMPANY'S EXPECTATIONS WITH REGARD THERETO OR ANY 
  CHANGE IN EVENTS, CONDITIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS 
           ARE BASED. 
 
ISIN:          JE00B6T5S470 
Category Code: MSCH 
TIDM:          POLY 
Sequence No.:  8698 
EQS News ID:   813199 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=c89dbe166883c47d7e7be582bed946a7&application_id=813199&site_id=vwd&application_name=news

(END) Dow Jones Newswires

May 20, 2019 02:00 ET (06:00 GMT)

Grafico Azioni Polymetal (LSE:POLY)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Polymetal
Grafico Azioni Polymetal (LSE:POLY)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Polymetal