Inactive Instrument

Petropavlovsk

Equities

POG

GB0031544546

Peropavlovsk plc Announces Sales Results for the Second Quarter and Half Year Ended 30 June 2019; Provides Sales Guidance for the Year 2019

July 23, 2019 at 11:30 am IST

Peropavlovsk PLC announced sales results for the second quarter and half year ended 30 June 2019. For the second quarter, the company reported total gold sales of 225,100 oz compared to 201,400 oz a year ago.

For the half year, the company reported total gold sales of 117,500 oz compared to 88,800 oz a year ago.

For the full year of 2019, the company expects Gold sales of 450,000 oz to 500,000 oz.

Latest news about Petropavlovsk

UMMC-Invest JSC acquired Right, title and interest of the Petropavlovsk PLC in Russia from Petropavlovsk PLC	12/22/12	CI
Petropavlovsk To Sell $600 Million Russian Business To UMMC	04/22/04	MT
UMMC-Invest JSC agreed to acquire Right, title and interest of the Petropavlovsk PLC in Russia from Petropavlovsk PLC for $600 million.	04/22/04	CI
Russian miner Petropavlovsk enters into administration	18/22/18	RE
UMMC, Strukov Can Buy Petropavlovsk's Assets	14/22/14	CI
Petropavlovsk in Talks with Two Potential Buyers of Assets	12/22/12	CI
FTSE 100 Closes Tuesday Up as Investors Return to Safe Havens	12/22/12	DJ
From boardroom battles to Ukraine war: Petropavlovsk scrambles to survive	12/22/12	RE
Rouble firms past 58 to dollar; Petropavlovsk shares slide	12/22/12	RE
Rouble nears 59 to dollar, euro; Petropavlovsk shares slide	12/22/12	RE
Petropavlovsk to Suspend London, Moscow Trading Amid Plan to File for Administration	12/22/12	MT
Sanctions push Russian gold miner Petropavlovsk to the brink	12/22/12	RE
Russian miner Petropavlovsk plans to file for administration	12/22/12	RE
Petropavlovsk Receives an Offer from One Party to Acquire and A Proposal from Another Party Expressing an Interest in the Acquisition of Those Subsidiaries	12/22/12	CI
Petropavlovsk PLC(MISX:POGR) dropped from RTS Index	29/22/29	CI
Petropavlovsk's Restructuring Adviser Resigns Amid New Sanctions On Services Export To Russia	23/22/23	MT
Repeat & Correct : Petropavlovsk Notifies Bondholders of Event of Default, Shares Fall	29/22/29	DJ
Petropavlovsk Sends Notice Of Default Following Gazprombank's Immediate Repayment Requirement	29/22/29	MT
Petropavlovsk Notifies Bondholders of Event of Default, Shares Fall	29/22/29	DJ
Petropavlovsk Seeks License to Export Gold Amid Sanctions Against Gazprombank; London Shares Soar 51%	22/22/22	MT
Russian miner Petropavlovsk seeks new export licence as sales struggle	22/22/22	RE
Russian miner Petropavlovsk applies for export licence amid struggle to sell gold	22/22/22	RE
Petropavlovsk Reports $201 Million Repayment Notice from Gazprombank; London Shares Slump 24%	20/22/20	MT
Russia's Petropavlovsk Reports $201 Million Repayment Notice from Gazprombank	20/22/20	MT
Sanctions-hit Gazprombank demands loan repayment from miner Petropavlovsk	20/22/20	RE

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Company Profile

Petropavlovsk PLC is a United Kingdom-based gold mining company. The Company's segments include Pioneer, Malomir and Albyn hard rock gold mines, which are engaged in gold and silver production, as well as field exploration and mines development. Its Pioneer gold mine is a bulk tonnage mine with multiple open pits and an underground mine, located approximately 40 kilometers north of Pokrovskiy. The Pioneer orebodies include both non-refractory and refractory ore. Its Malomir gold mine is located approximately 670 kilometers northeast by road of Pokrovskiy. The gold-bearing ore body in Malomir is hosted by upper Palaeozoic metasediments, mainly carbonaceous shales. Its Albyn gold mine consists of over three licenses and is located approximately 720 kilometers from Blagoveshchensk. Its pressure oxidation facility (POX Hub) facilities are allocated between Pioneer, Malomir and Albyn gold mines.

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