Founded in 2006, Polyus is the largest gold producer in Russia and among the top 10 gold producers in the world. The company has the second largest gold reserve in the world and has one of the lowest cost profiles globally.
Headquartered in Moscow, Polyus employs over18,000 employees. The company is listed on both the Moscow and London Stock Exchanges.
Mumtalakat’s investment was made via its co-investment programme with the Russian Direct Investment Fund (“RDIF”)