Polymetal to publish US GAAP results for H1 on September 29
MOSCOW. Sept 22 (Interfax) - Russia's top silver producer Polymetal will publish US GAAP results for the first half of 2010 on September 29, the company said in a statement.
Interfax will publish the consensus forecast for Polymetal's first half results on September 28.
Polymetal posted a net profit of $19 million in the first half of 2009 under US GAAP compared with a profit of $43 million in the same period of 2008. The company had a profit of $96 million for all of 2009.
Polymetal boosted gold production 57% in the first half of 2010 year-on-year to 209,000 oz. Silver output rose 13% to 9.6 million oz.