PJSC Polyus has received confirmation of its AAA.ru credit rating from the Russian agency Expert RA, maintaining a stable outlook for both the company and one of its subsidiaries. This rating represents the highest category according to the agency’s methodology.
Expert RA cited several factors in its decision, including a strong business profile, low leverage, high liquidity, and a low level of corporate risks for Polyus. The agency also highlighted “the Company’s high-quality corporate governance, strategic planning and high level of transparency, which support the assessment of the Company’s business profile.”
Polyus is recognized as one of the world’s leading gold mining companies by production volume and is among the largest in terms of attributable gold ore reserves. Its main operations are based in Siberia and the Russian Far East—specifically in Krasnoyarsk, Irkutsk and Magadan regions, as well as the Republic of Sakha (Yakutia). The company is noted for having some of the lowest production costs among major global gold producers.
The company cautioned that this announcement may contain forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those expressed. “Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus’ and/or Polyus group’s operations. Manyof these risks and uncertainties relate to factors that are difficult to predict accurately and which are beyond the control of Polyus/or Polyus group,” according to Polyus.
The company stated it does not intend to update these forward-looking statements except as required by applicable law.
