The POX Hub is a strategic project for Petropavlovsk that enables the Group to unlock the value embedded within c.9.6Moz of its own refractory ore Resources. The Hub is located at the site of the Company’s first mine, Pokrovskiy, where existing processing facilities and infrastructure was transformed into an advanced facility for the processing of refractory ore. The POX Hub allows Petropavlovsk not only to process its own refractory Resources, but also to consider processing third party concentrate from anywhere in Russia.

The autoclave complex was launched earlier than planned in early December 2018. At present, two autoclave lines are in operation and have reached design capacity. First gold pour took place on 21 December 2018.

Petropavlovsk’s POX Hub is the largest autoclave complex in terms of production capacity across the gold industry in Russia. Utilising the processing capacity of its four autoclaves, the POX Hub is able to process up to 500Ktpa of refractory concentrate annually.

POX Capital Markets Day and H1 2019 Financial Results

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