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Polymetal warns on rising costs

Gold and silver miner ups dividend and profit, but sees headwinds through inflation and raw materials costs
Polymetal warns on rising costs
  • Half-year dividend of 45¢ announced
  • Strong gold and silver prices maintain profit level 

Russian precious metal giant Polymetal (POLY) has signalled a tougher road ahead thanks to rising costs, which could blunt the impact of high gold and silver prices. The miner will still hand shareholders its usual hefty dividend (45¢ for the first half), but given its policy is based on underlying net income, this could also be hit by the higher input costs. 

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