MMX Interest: 2.0% GRR(1)
MMX Metal Exposure: Gold (Au), Silver (Ag)
Location: Magadan Region, Russia
Operator: Polymetal International plc
Status: Producing

Asset Information

  • Hub comprised of three operating mines: Tsokol, Birkachan and Olcha, as well as several near-mine development projects
  • All parts of the hub are centered around the 850 kt per annum Kubaka processing plant
  • In 2019, the Omolon hub produced 205,000 gold equivalent ounces
  • Priorities for 2020 include a grade-driven production increase, advancing the solar power station project and the completion of project documentation and the start of contrcution of dry-stack storage at Kubaka

For more information on Omolon, please visit


Source: Polymetal International plc public disclosure.
(1) Royalty only covers certain deposits that form part of the Omolon hub