Petropavlovsk cuts production guidance
9th Oct 2020 08:05
(Sharecast News) - Petropavlovsk said annual gold production would be less than expected and that it had delayed full commissioning of its Pioneer flotation plant in Russia.
Read moreFriday broker round-up
18th Sep 2020 12:19
(Sharecast News) - Petropavlovsk: Canaccord downgrades to hold with a target price of 40.0p.
Read moreCanaccord downgrades Petropavlovsk to 'hold'
17th Sep 2020 10:44
(Sharecast News) - Analysts at Canaccord Genuity lowered gold miner Petropavlovsk to 'hold' from 'speculative buy' on Thursday, stating uncertainty still remained around its future.
Read moreIRC Lmtd. pays Petropavlovsk $10.3m following interims
26th Aug 2020 07:29
(Sharecast News) - Petropavlovsk was paid $10.3m by IRC Limited, the Hong-Kong based explorer in which it holds a 31.1% stake.
Read morePetropavlovsk adds Malay Mukherjee to board
24th Aug 2020 09:08
(Sharecast News) - Gold miner Petropavlovsk appointed Malay Mukherjee to its board on Monday, with the Arcelor Mittal veteran joining the firm as a non-executive director with immediate effect.
Read moreBofA sees gold hitting $3,000/oz., silver at $50/oz.
5th Aug 2020 11:34
(Sharecast News) - Strategists at Bank of America hiked their 18-month target for gold futures from $2,000/oz. to $3,000/oz. as governments continue to act to mend the damage from Covid-19, backstopped by central banks.
Read moreSunday newspaper round-up: BT Group, Big Lenders, Travel firms
2nd Aug 2020 18:23
(Sharecast News) - Could a French telecoms billionaire be circling BT's Openreach arm? The mutter from the City gutter is that the secretive Patrick Drahi has set his sights on the division that maintains Britain's telephone lines and internet cables. Drahi, a powerful dealmaker, now resides in Switzerland but made his fortune in France building telecoms groups Altice. The rumour claims that one of the Altice companies Drahi controls - perhaps Altice USA - has secured financial backing from heavyweight bankers at JP Morgan with a view to paying £20billion for the unit. - Mail on Sunday
Read moreFTSE 250 movers: Pets at Home out of the dog house; Hochschild up as silver flies
31st Jul 2020 15:36
(Sharecast News) - London's second tier index finished the month on the back foot, weighed down by losses in the travel and leisure space after the Prime Minister announced that the planned easing of lockdown measures would be postponed.
Read moreRoman Abramovich sells stake in Highland Gold
31st Jul 2020 10:18
(Sharecast News) - A group of investors in Highland Gold, including Russian billionaire Roman Abramovich, announced on Friday the sale of a roughly 40% stake in the company's share capital to Fortiana Holdings at a valuation of approximately $1.1bn.
Read moreCanaccord Genuity says 'buy' Petropavlovsk, despite boardroom battle
29th Jul 2020 15:25
(Sharecast News) - Analysts at Canaccord Genuity stuck to their 'buy' recommendation for shares of Petropavlovsk despite what some market commentary said was an ongoing board battle for control of the Russian gold miner.
Read morePetropavlovsk shareholders set for battle over control of miner
29th Jul 2020 09:13
(Sharecast News) - Shareholders in Russian miner Petropavlovsk are trying to mobilise investors to vote in an upcoming emergency meeting against what they claim is an attempt to take over the company by stealth.
Read morePetropavlovsk may delay 1H results after PwC declines appointment as auditor
28th Jul 2020 11:50
(Sharecast News) - Auditors PwC declined Petropavlovsk's decision to appoint them as the company's new auditors following the recent multiple changes to the Russian gold miner's board.
Read morePetropavlovsk H1 production shines as board battle rages on
23rd Jul 2020 08:45
(Sharecast News) - Troubled Russian miner Petropavolvsk said total gold production remained on track to meet its full year production target after a 42% rise in second quarter output.
Read moreFTSE 250 movers: Future, gold diggers, homebuilders all higher
20th Jul 2020 15:56
(Sharecast News) - Specialist publisher Future said on Monday that, with around two months of the current financial year remaining, its trading was expected to be towards the top end of market expectations, pushing its shares to the top of the leaderboard.
Read morePetropavlovsk investor Everest demands independent inquiry
15th Jul 2020 08:46
(Sharecast News) - One of Petropavlovsk's leading shareholders has demanded an independent investigation into the company's dealings with its directors and senior managers in the latest stage of the battle over control of the Russian goldminer.
Read more