Petropavlovsk increased resource assessment by 2% in 2012

“Petropavlovsk” GC (Petropavlovsk Plc) on the results of geological exploration in 2012 increased the assessment of resources under JORC by 2% to 25.1 mln ounces of gold (780.7 tons) against 2011.

The resources comprise 10 mln ounces (311 tons) of proved and probable reserves. The growth was despite the exhaustion of reserves and sale of the non-profile asset “Omchak” in late 2012.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer