Petropavlovsk returns to first-half profit despite lower gold sales
1st Sep 2021 07:41
(Sharecast News) - Petropavlovsk reported gold sales of 187,100 ounces in its first half on Wednesday, down 40% year-on-year, which it said was consistent with the decrease in total gold production during the period.
Read moreWednesday preview: Petropavlovsk, 888 results in focus
31st Aug 2021 11:53
(Sharecast News) - Wednesday's session is set to be fairly quiet on the corporate front, although results are due from Petropavlovsk and 888 Holdings.
Read morePetropavlovsk posts 39% drop in H1 output
21st Jul 2021 09:59
(Sharecast News) - Gold miner Petropavlovsk reported a 39% drop in first-half output on Wednesday but stated a higher gold price had partially offset the impact.
Read morePetropavlovsk review finds $157m of dubious transactions
24th Jun 2021 12:45
(Sharecast News) - A review of Petropavlovsk's business has found $157m (£113m) of transactions that raised questions about undisclosed related parties and potential conflicts of interest.
Read morePetropavlovsk investee in the firing line of Russian regulator
4th Jun 2021 08:03
(Sharecast News) - Petropavlovsk said on Friday that IRC, the producer and developer of industrial commodities in which it is a significant shareholder owning 31.1%, has updated it on operations at its wholly-owned subsidiary Kimkano-Sutarsky Mining and Beneficiation Plant (K&S).
Read morePetropavlovsk launches Pioneer gold flotation plant
1st Jun 2021 08:52
(Sharecast News) - Petropavlovsk announced the technical launch of the Pioneer flotation plant on Tuesday, which is its second facility for processing refractory gold ore and producing flotation concentrate.
Read morePetropavlovsk swings to FY loss despite increased gold production
17th May 2021 08:05
(Sharecast News) - Gold miner Petropavlovsk posted a full-year loss of $48.9m, despite an increase in gold production boosting both revenues and underlying earnings.
Read morePetropavlovsk gold production falls in first quarter
20th Apr 2021 09:17
(Sharecast News) - Russia-focussed precious metals miner Petropavlovsk reported total first quarter gold production of 95,600 ounces on Tuesday, making for a decrease of 49% over the same period a year earlier.
Read morePetropavlovsk forecasts fall in annual production
31st Mar 2021 07:04
(Sharecast News) - Russian gold miner Petropavlovsk said it expected a fall in annual production with a lower third-party contribution due to a failure to secure enough concentrate for processing.
Read moreBitcoin may pose multi-year headwind for gold, JP Morgan says
9th Dec 2020 15:48
(Sharecast News) - Gold may be in for a bumpy ride over the medium to long-term if institutional investors continue to shift away from the yellow metal and towards Bitcoin, a JP Morgan strategist argued.
Read morePetropavlovsk appoints KPMG to probe prior deals
23rd Nov 2020 07:27
(Sharecast News) - London-listed Russian gold miner Petropavlovsk said it had appointed of KPMG to investigate related-party transactions undertaken by the company over the last three years.
Read moreSunday newspaper round-up: China, Facebook, Petropavlovsk
22nd Nov 2020 18:13
(Sharecast News) - Britain will lose billions of pounds of investment and thousands of jobs unless it reverses its hostility to China, an influential lobby group for Chinese businesses has warned. In the most stark public intervention yet, the China Chamber of Commerce in the UK - which represents companies including Huawei, ZTE and Air China - said there could also be a consumer backlash against British companies such as Jaguar Land Rover and Burberry, which are heavily reliant on China's middle-class customers. Relations between China and the UK are at their lowest ebb in decades, hit by Beijing's power grab in Hong Kong and Donald Trump's trade war with President Xi Jinping. - Sunday Times
Read moreNon-cash adjustment takes shine off Petropavlovsk earnings
30th Oct 2020 09:42
(Sharecast News) - Petropavlovsk reported a 42% improvement in total gold production in its first half on Friday, to 320.6 koz, which included 178.0 koz from the processing of its own and third-party refractory gold concentrates at the POX Hub.
Read morePetropavolvsk interim CEO under investigation by Moscow authorities
22nd Oct 2020 08:16
(Sharecast News) - Russian gold producer Petropavlovsk revealed on Thursday that interim chief executive Maksim Meshcheryakov was under investigation by Moscow authorities.
Read moreLong-serving Petropavlovsk executive Samokhvalova quits Russian miner
12th Oct 2020 08:24
(Sharecast News) - Long-serving Petropavlovsk executive Alya Samokhvalova has quit the Russian gold miner with immediate effect, it was announced on Monday.
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