Russia, Petropavlovsk

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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Petropavlovsk GC to spend 1.5 billion roubles into geological exploration in Buryatia

This is the amount of re-evaluation of gold reserves of the Talikitsky site, the license for which is held by the controlled by the group enterprise.

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Gold mining in Amur region made up 4,677 kg in Q1 2017

The volume of gold mining in Priamurie keeps falling due to the low content of metal in ore.

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Petropavlovsk Group discovers new deposit in Amur region

The Petropavlovsk Group opened Elga gold ore deposit (Amur region) in 2016, Minister of Natural Resources and Environment of Russia S.Donskoi said.

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Petropavlovsk might start dividend payments after 2018

Petropavlovsk Plc (Petropavlovsk GC) might start dividend payment after 2018, CEO of Petropavlovsk, P. Maslovsky, said.

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Petropavlovsk plans to produce up to 460 thousand ounces of gold in 2017

The company’s forecast refers to the open –pit mining as well as a new for the company underground gold mining.

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Petropavlovsk to return to deals with “Amur Gold” and “Zoloto Kamchatki”

Petropavlovsk Plc ( “Petropavlovsk” Group) is about to return to the discussion of deals of M&A with the owners of “Amur Gold” (part of “Russian platinum”) a

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