Polyus Delays Target to Triple Gold Production by Three Years to 2015

(Bloomberg) -- OAO Polyus Gold, Russia's biggest
producer of the metal, expects a three-year delay in meeting
its target to triple output, with the 4 million-ounce figure
more realistic by 2015, Chief Executive Officer Pavel Skitovich
said.

The goal set last December by former CEO Evgeny Ivanov,
who said Polyus would produce almost 4 million ounces of gold a
year by 2012, is more feasible by 2015, Skitovich said today in
an interview in Siberia's Severo-Yeniseisk, without giving
details.


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