Sanctions push Petropavlovsk to the brink
Mining News Pro - Russian miner Petropavlovsk plans to file for administration after sanctions on Gazprombank, its main lender and the sole buyer of its gold, left it unable to repay loans and placed it among the first listed companies to face collapse because of the Ukraine war.
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Petropavlovsk weighs sale of business after Russia sanctions
Mining News Pro -London-listed Russian gold producer Petropavlovsk is considering putting itself up for sale, it said on Thursday, following sanctions on Russia and the risk of countermeasures.
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Petropavlovsk lifts 2020 production by 6%
Mining News Pro - Petropavlovsk delivered a 6% year-on-year production increase in 2020 and, although missing its guidance, its output was still broadly in line with market expectations.
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Highland Gold’s Alexandrov takes top job at Petropavlovsk
Mining News Pro - Russian miner Petropavlovsk has appointed Denis Alexandrov CEO, the London-listed gold company announced on Monday.
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Visit: 554