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Vol 145
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Research article

POLYUS gold mining company as part of the gold mining industry in Russia

Kh. M. Sovmen
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  • Polyus company
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The article gives the latest statistical information on the production and consumption of gold and on the gold currency reserves of the world's leading countries. The role of gold in the international economy and the expediency of using the gold standard are discussed. The article discusses the progressive and advanced experience of gold extraction company 'Polus' concerning the working of gold deposits in complicated conditions while working under the world's lowest production costs. The article also de­scribes methods to stimulate the development of Russia's gold industry.

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