Petropavlovsk PLC is Russia’s second-largest gold producer.
The Company is listed on the Main Market of the London Stock Exchange (Ticker POG) and is part of the FTSE250. Please click here for share price information.
Petropavlovsk has enjoyed ten consecutive years of growth in gold production, producing a record 710,400oz of gold in 2012 from a combination of four hard-rock mines and the Group’s alluvial operations in the Russian Far East. The Group is targeting further production growth for 2013.
The Group is developing a pressure oxidation processing (POX) hub in the Russian Far East which, once commissioned, will be the largest and most technologically advanced of its kind in Russia.
The Group conducts an active exploration programme in areas adjacent to its existing processing assets and has been able to add annually (before depletion) to its Mineral Resources and Ore Reserves, which currently stand at 10.0Moz and 25.1Moz respectively (as at 1 January 2013).
Petropavlovsk Plc - Registered in England & Wales
Company Number: 04343841