Media

The Polymetallic Holding Group Seligdar (MOEX: SELG; hereinafter, the “Holding Group” or “Seligdar”) exceeded its planned metal production targets for 2025. This was announced during a meeting of the Technical Council, which was held in Aldan.

Thanks to the stable and efficient performance of the production facilities within the gold division, Seligdar approached the milestone of 8 tonnes of gold production by mid-December, thereby exceeding its annual plan. In the tin division, the Holding Group achieved a historic high of 3,300 tonnes of tin in concentrate by early December, representing an increase of 38% compared to 2024 production levels. This substantial growth was driven by a large-scale modernisation and technical re-equipment programme implemented across the production facilities of Rusolovo PJSC.

As part of the Technical Council agenda, the Holding Group’s management visited key industrial sites, including the Ryabinovy and Nizhne-Yakokitskiy production complexes, as well as the Khvoynoye gold processing plant. At Ryabinovy complex, participants reviewed the operation of the second phase of the semi-dry tailings storage facility, which has enhanced the environmental performance of the operation. At Nizhne-Yakokitskiy complex, the heap leach processing plant was inspected following the completion of equipment modernisation works.

In addition, the Technical Council discussed initiatives aimed at improving operational efficiency of support functions, further technical re-equipment, the execution of geological exploration and mining programmes, as well as the planned implementation of future production digitalisation projects.

Sergey Tatarinov, CEO of Seligdar PJSC, commented:

“All divisions of the Holding Group demonstrated stable performance throughout the year, despite occasionally challenging weather conditions. Key planned targets for metal production were exceeded. We continue to identify and implement technological and managerial solutions that enhance our operational efficiency. Next year, this area will remain one of our key priorities.”