Petropavlovsk files for administration
12th Jul 2022 10:28
(Sharecast News) - Shares in Petropavlovsk were suspended on Tuesday after the indebted gold miner went into administration.
Read morePetropavlovsk tumbles as it struggles to find way forward
7th Jun 2022 13:27
(Sharecast News) - Russia-focussed gold miner Petropavlovsk was tumbling on Tuesday, after it announced that, as a result of its financial situation, it had been unable to complete the audit of its annual report and accounts for 2021.
Read morePetropavlosk unable to pay coupon on $500m bond
16th May 2022 13:26
(Sharecast News) - Petropavlovsk shares tumbled on Monday after the gold miner said it was unable to pay the coupon due on 14 May of around $12.36m in respect of a $500m bond issued in 2016.
Read morePetropavlovsk to sell gold to third parties as Gazprombank waives rights
12th May 2022 09:27
(Sharecast News) - Russia-focussed gold miner Petropavlovsk said on Thursday that it has been issued waivers by Gazprombank that will allow it to sell gold to third parties.
Read moreSanction-hit Gazprombank demands $300m loan repayment from Petropavlovsk
20th Apr 2022 08:38
(Sharecast News) - Russian gold miner Petropavlovsk said on Wednesday that it has received notices from Gazprombank demanding immediate repayment of approximately $201.0m due under its committed term facility agreement.
Read morePetropavlovsk considers sale of its operating subsidiaries
14th Apr 2022 08:03
(Sharecast News) - Gold miner Petropavlovsk - which has operations in Russia - said on Thursday that it is considering the sale of its operating subsidiaries.
Read morePetropavlovsk mulling over potential debt restructuring
30th Mar 2022 07:11
(Sharecast News) - Russia-focussed gold producer Petropavlovsk said on Wednesday that it was in the early stages of discussions with advisers and Gazprombank relating to a potential restructuring of the group's debt.
Read morePetropavlovsk blocked from making gold sales to Gazprombank
25th Mar 2022 07:46
(Sharecast News) - Gold mining company Petropavlovsk said on Friday that its has been blocked from making further sales of gold to Gazprombank following the Russian bank's inclusion on the UK Sanctions List.
Read moreRussian steelmaker Evraz to be deleted from FTSE indices
14th Mar 2022 10:40
(Sharecast News) - Four Russian-focused firms are to be deleted from all FTSE Russell indices, including Roman Abramovich's Evraz, after brokers stopped trading their shares.
Read moreSunday newspaper round-up: Renewables, Pearson, IAG
13th Mar 2022 13:50
(Sharecast News) - The UK needs to massively expand wind farms across the country in order to safeguard national security, the business secretary has said, as the government considers sweeping changes to planning laws in order to improve energy independence. Against that backdrop, the Prime Minister will unveil a radical new "energy strategy" within a fortnight in order to make sure that that UK can get all the energy that it needs from a combination of renewables and nuclear. - Guardian
Read morePetropavlovsk FY gold production slips despite improved Q4 performance
27th Jan 2022 08:35
(Sharecast News) - Gold miner Petropavlovsk said on Thursday that full-year gold production had contracted in 2021 despite witnessing improved production in the fourth quarter.
Read morePetropavlovsk appoints Stanislav Ploshchenko as CFO
24th Jan 2022 08:04
(Sharecast News) - Russian gold producer Petropavlovsk has appointed Stanislav Ploshchenko as chief financial officer based in Moscow with immediate effect, succeeding Danila Kotlyarov.
Read morePetropavlovsk hopes KPMG report will 'draw a line' under governance lapses
14th Jan 2022 07:38
(Sharecast News) - Petropavlovsk announced on Friday that KPMG has published its final report on its forensic investigation into some of its historical transactions, identifying a number of issues with payments worth over $300m.
Read morePetropavlovsk shareholder fails in bid to stop sale of stake in IRC
3rd Dec 2021 07:10
(Sharecast News) - Petropavlovsk said the UK's High Court had rejected a bid by its major shareholder JSC Uzhuralzoloto Group of Companies to stop the sale of a stake in iron ore subsidiary IRC.
Read morePetropavlovsk Q3 output falls, but holds annual guidance
25th Oct 2021 07:45
(Sharecast News) - Miner Petropavlovsk said third-quarter production fell 2%, but maintained full-year output guidance.
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