Polyus, a publicly owned company headquartered in Russia, was founded in 2006 following a spin-off from Norilsk Nickel and employs approximately 650 individuals. It operates as a gold producer in Russia and a significant gold mining company by production volume. The company's business model focuses on large-scale, low-cost open-pit mining, characterized by low total cash costs (TCC) in the global industry. Polyus controls a significant gold reserve base, with over 100 million ounces of gold resources, providing a mine life exceeding 30 years.
