COMPANY OVERVIEW

We are one of the major gold producers in Russia in terms of both production and reserves.

All of our production and processing operations are located in the Russian Federation.

We develop hard rock deposits through underground and open-pit mining in three Russian regions: the Chelyabinsk region (the Kochkarskoe, Svetlinskoe, Bereznyakovskoe, South Kurasan and West Kurasan deposits), the Republic of Khakassiya (the Kommunar deposit) and the Zabaykalsk territory (the Darasun and Talatuy deposits).

We also develop alluvial gold deposits in the Krasnoyarsk territory (the Drazhny alluvial deposits).

All of our mined ore is processed at proprietary facilities located at or near to our operating mines.  Such facilities include the Artem Full Cycle and Kochkarskaya processing plants; the Svetlinskaya, Bereznyakovskaya and Kurasan heap leach facilities in the Chelyabinsk region; the Kommunar processing plant in the Republic of Khakassiya; and the Darasun processing plant in the Zabaykalsk territory.