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Queen's Enterprise Award
- Peter Hambro Mining Plc has been granted the Queen's Award For Enterprise for the years 2006 to 2011 due to the Company's outstanding success in international trade. It has been granted to the Company for increasing overseas revenue more than threefold to £45 million in three years.
About
Petropavlovsk plc is a London-listed mining and exploration company with its principal assets located in Russia. The Group is focused on the acquisition, exploration, development and production of mineral deposits with a current focus on its precious metal deposits and, in future, the development of its iron ore assets as and when the iron ore and project finance markets recover.
The Group has a number of production and exploration assets across Russia with its principal operations located in the Amur Region, in the Russian Far East, where it has operated since 1994.
The Group currently produces gold from its own mines and from a number of joint ventures. In 2008, the Group produced 393,600 oz of gold, making it the third largest gold producer in Russia. On 22 April 2009, the Group completed its acquisition of the mining and exploration company Aricom plc.
