What Does Polymetal International Do?

Total employees5000
HeadquartersAstana
Founded1998

Polymetal International plc is a leading precious metals mining company, primarily focused on gold and silver production. Following a strategic re-domiciliation to Kazakhstan in August 2023 and the sale of its Russian assets (completed in March 2024), the company's core operations are now concentrated in Kazakhstan. Polymetal is listed on the Astana International Exchange (AIX) and is committed to sustainable mining practices, operational excellence, and delivering value to its stakeholders through its key assets like Kyzyl (Bakyrchik and Varvara).

Where Is Polymetal International's Headquarters?

HQ Function

The Astana headquarters serves as the primary corporate center, responsible for strategic leadership, financial oversight, investor relations, corporate governance, and supporting Polymetal's Kazakhstani mining operations.

Notable Features:

Located in the modern Astana International Financial Centre, a financial hub designed with international legal and regulatory standards, offering advanced infrastructure and connectivity.

Work Culture:

The work culture emphasizes professionalism, strategic agility, and international best practices, reflecting its new operational focus and commitment to transparency within the AIFC framework. Collaboration and expertise in mining and finance are key.

HQ Significance:

The relocation to Astana aligns Polymetal's corporate base with its primary country of operations, Kazakhstan, facilitating closer management of its assets and integration into the Central Asian financial ecosystem. It marks a pivotal strategic shift for the company.

Values Reflected in HQ: The headquarters' location in the AIFC reflects Polymetal's commitment to international governance standards, transparency, and a strategic focus on growth and operational stability within Kazakhstan.

Location:

Post-restructuring, Polymetal International's global presence is primarily anchored by its gold and silver mining, processing, and exploration activities in Kazakhstan. Its corporate headquarters in Astana (AIFC) manages strategic, financial, and governance functions. The company maintains engagement with the international investment community through its listing on the Astana International Exchange (AIX) and its investor relations activities.

Street Address:

AIFC, Mangilik El Avenue, building 55/22, block C4.2, office 135

City:

Astana

State/Province:

Astana City

Country:

Kazakhstan

Where Else Does Polymetal International Operate Around the World?

Kostanay, Kostanay Region, Kazakhstan

Address: Regional operational office supporting Varvara hub (Kyzyl project)

To ensure the smooth functioning of the Varvara hub, manage local human resources and procurement, and maintain effective communication with regional authorities.

Ust-Kamenogorsk, East Kazakhstan Region, Kazakhstan

Address: Regional operational office supporting Bakyrchik mine (Kyzyl project)

To oversee and support the operational needs of the Bakyrchik mine, facilitate technical expertise deployment, and coordinate with local suppliers and communities in East Kazakhstan.

Buying Intent Signals for Polymetal International

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Polymetal International? Meet the Executive Team

As of April 2025, Polymetal International' leadership includes:

Vitaly Nesis - Group Chief Executive Officer & Executive Director
Maxim Nazimok - Chief Financial Officer & Executive Director
Pavel Danilin - Executive Vice President, Strategic Development

Who's Investing in Polymetal International?

Polymetal International has been backed by several prominent investors over the years, including:

Maaden International Investment LLC (subsidiary of Ministry of Investment of Saudi Arabia) (1.4% as of March 2024)
Significant free float (98.6% as of March 2024) primarily traded on the Astana International Exchange (AIX)
Various institutional and retail investors

What Leadership Changes Has Polymetal International Seen Recently?

Hire5
Exits6

Over the past year, Polymetal International underwent significant board and executive restructuring due to its re-domiciliation to Kazakhstan and the sale of its Russian business. This included key new appointments to the Board and executive team, such as a new CFO, and several departures of previous board members to align with the company's new strategic focus.

Departures

Riccardo Orcel, Resigned from the Board of Directors upon the company's re-domiciliation to Kazakhstan.
Jonathan Best, Resigned from the Board of Directors as part of the board restructuring.
Tracey Kerr, Resigned from the Board of Directors following the re-domiciliation.

New Appointments:

Maxim Nazimok, Appointed as CFO and Executive Director, bringing extensive financial expertise to the new structure.
Omar Massoud, Appointed as independent Chairman to lead the Board of the re-domiciled company.
Janat Berdalina, Appointed as an Independent Non-Executive Director, adding valuable regional and governance experience.

What Technology (Tech Stack) Is Used byPolymetal International?

Discover the tools Polymetal International uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Polymetal International Email Formats and Examples

Polymetal International typically utilizes standard corporate email address formats. These often consist of a combination of an employee's first and last name, or their initials, followed by the '@polymetalinternational.com' domain.

Common formats include [first].[last]@polymetalinternational.com or [f][last]@polymetalinternational.com (e.g., john.doe@polymetalinternational.com or jdoe@polymetalinternational.com).

Format

vitaly.nesis@polymetalinternational.com

Example

80%

Success rate

What's the Latest News About Polymetal International?

Polymetal International plcMarch 7, 2024

Polymetal International Completes Sale of Russian Business

Polymetal International plc announced the completion of the sale of its Russian operations to Mangazeya Plus LLC. This strategic divestment allows Polymetal to focus entirely on its assets and growth projects in Kazakhstan, de-risking the business and improving its strategic flexibility....more

Polymetal International plcAugust 7, 2023

Polymetal International plc Re-domiciliation to AIFC Completed

Polymetal International plc confirmed the successful completion of its re-domiciliation from Jersey to the Astana International Financial Centre (AIFC) in Kazakhstan. This move aligns the company’s legal domicile with its primary operational focus and facilitates its primary listing on the AIX....more

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