MOSCOW - Russia's largest gold producer Polyus said on Thursday that its first-quarter core earnings rose by 25% year-on-year to $739-million due to higher gold sales and stronger global prices for the precious metal.
Its revenue rose by 18% to $1-billion, the company said in a statement, adding that it was on track to spend $1-billion to $1.1-billion on its capital expenditures in 2021.