Petropavlovsk

In H1, Petropavlovsk increased gold production by 19%

In the first six months of 2017, Petropavlovsk Plc increased its gold production by 19% to 232.4 thousand ounces (7.23 tons) compared with the same period in 2016, the company’s report inform

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Over 11 tons of gold produced in the Amur region

In the first six months of the year, subsoil users of the Amur region produced 11 126 kg of gold at their licensed areas. 9 269 kg of them were ore and 1857 kg were alluvial gold.

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Petropavlovsk loses control in the board of directors.

Petropavlovsk Plc (the Petropavlovsk Group of Companies)has  lost in the struggle for seats on the board of directors to the main shareholder of the Renova Group of Companies, as well as its f

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The largest gold miner may appear in Russia in the coming future

For that purpose 5 Russian gold mining companies discuss an opportunity of consolidations of efforts.

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Renova proposes Bruce Buck as member of Petropavlovsk’s Board

The largest shareholder of the gold-mining company Petropavlovsk – Renova of Viktor Vekselberg – has taken the first active steps, nominating its candidates to the company’s Board

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Petropavlovsk to produce 14 tons of gold in 2017

Petropavlovsk Plc (Petropavlovsk GC) on the results of 2017 may extract over 14 tons of gold – which is the maximum of the production plan for 2017 – 420-460 thousand ounces (13.0-14.3

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In January-March, Petropavlovsk produced 118 thousand ounces of gold

In the first quarter of this year, Petropavlovsk, performing mining of gold ore in the Amur region, produced 118.046 thousand ounces, or 3.6 tons of gold.

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In Q1, Petropavlovsk increased gold production by 18%

In the first quarter of 2017, Petropavlovsk Plc increased its gold production by 18% to 118.046 thousand ounces (3.67 tons) compared with the same period in 2016, Petropavlovsk reports.

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Petropavlovsk expects payment from Chinese investors

Chinese companies General Nice and Minmetals Cheerglory have not yet contributed the remainder of the funds for the acquired shares in iron ore IRC.

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In 2016, Petropavlovsk made the profit of $317 mln against loss in the previous year

In 2016, Petropavlovsk Plc made the net profit in the amount of $31.7 million against the loss of $297.5 million in 2015, the company reports.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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