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8

Gold Miner Polymetall Announced Results

Russian mining company Polymetall has announced that ..

Russian mining company Polymetall has announced the first quarter 2005 results. Thus, this period the company mined 51.5 thousand ounces of gold that exceeds the first quarter 2004 results by 60%.

Silver production reduced by 6% as compared to the same period last year and amounted to 4681 thousands ounces.