Name of Mine, Production Facility or Transport Operation
Polymetal Voro Mine Supply Chain
Signatory Ownership Position
Name of Operating Company
Gold of Northern Urals JSC
Operation Address / Location
4 Karpinskogo St.
Krasnoturyinsk, Sverdlovsk Region
Date of Certification
Date of Initial Certification
June 18, 2019
December 10, 2018
Additional Information or Comments
Certification of the Voro Mine Supply Chain expired August 1, 2022. Subsidiary was designated by the U.S. Department of State in May 2023 as a Russian located asset. All service agreements between Polymetal International Plc (the Company) and Gold of Northern Urals JSC (the Subsidiary) have been terminated. All payments from the Company under inter-group agreements with the Subsidiary have been discontinued or suspended. As of the date the Company does not have the ability to monitor and manage cyanide management issues at Voro Mine, cannot guarantee compliance of this site with the provisions of the Cyanide Code and is not able to carry out recertification. Management of the Subsidiary, including cyanide management issues, has been delegated to the executives of JSC Polymetal (the holding company located in the Russian Federation). Current certification status: “certification expired” (the Company is considering all possible options available for divestment of Russian assets). ”
The Voro Supply Chain included cyanide receipt and management at the Port of St. Petersburg, rail transportation by Russian Rail to Nizhny Tagil, and road transportation by ADR Express to the Voro mine, and overall management during transportation by TNT.