Polyus’ Capital Spending

Polyus Gold plans to almost double capital spending to a record $600 million this year as it boosts production to take   advantage of surging prices, the company said Wednesday.

The company, which spent $326 million on capital last year, may also bid for Kyrgyzstan’s Jerooy deposit, site of the   country’s second-largest reserves, CEO Yevgeny Ivanov said.