Russia, Petropavlovsk

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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In 2016, Petropavlovsk reduced gold production by 17%

In 2016, Petropavlovsk produced 416 thousand troy ounces (31.1 grams) of gold against 504.1 thousand troy ounces in 2015. The indicator fell by 17%, the company reports.

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Fate of Sukhoi Log is determined

The past year, despite the price "swings" on the global gold market, it has beeen successful for Russian companies due to the high ruble price of "yellow metal".

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Petropavlovsk stays without gold of “Kamchatka” and “Amur”

The deal, that has been considered since the beginning of the year, has been collapsed.

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Petropavlovsk has seriously reduced the forecast of gold production

Petropavlovsk reduced its production forecast for 2016 by 10-14%: from 460-500 thousand ounces to 415-430 thousand ounces.

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Musa Bazhaev’s structures may receive 20% of Petropavlovsk

The structures of Musa Bazhaev can get 20% stake in the gold mining company Petropavlovsk, it follows from the report, published on the website of the London Stock Exchange.

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Petropavlovsk intends to finish construction of autoclave on its own

The gold mining company Petropavlovsk has agreed with Sberbank and VTB to restructure $530 million of its debt until 2022 and has decided that it no longer needs a partner for the completion of an

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