5 Apr 2012 10:20

Polymetal Int sees reserves to JORC fall 10%, resources up 2%

MOSCOW. April 5 (Interfax) - Polymetal International plc's reserves to JORC standards were down 10% in gold equivalent as of January 1, the company, which controls Russian silver and gold miner OJSC Polymetal , said in a reserves update.

The reserve fell mainly due to their depletion.

Mineral resources grew 2% thanks to the addition of reserves at the Dalneye deposit.