Member Company Profile

Petropavlovsk PLC

POG:LN|Last Price: USD 0.12|Market Cap: USD 66.80 M

USD 0.00        USD 0.12


Gold Price: $1,427.30|Silver Price: $16.17|Platinum Price: $846.00|Palladium Price: $1,510.00|Gold:Silver: 88.3


Status: Producer|Primary Mineral: Gold|Primary Country of Operation: Russian Federation


Last Updated: July 18, 2019

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IR Contact

Patrick Pittaway
+44 (20) 7201-8900
[email protected]
www.petropavlovsk.net

Address

11 Grosvenor Place
London SW1X 7HH
United Kingdom

Cautionary Information

© Copyright 2019, Denver Gold Group & Petropavlovsk PLC.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Petropavlovsk is one of Russia’s largest gold-mining companies. The Group operates four hard-rock gold mines in the Russian Far East, an area it has worked in since inception in 1994 and, to date, has produced more than 5.5Moz of gold. The Company has been listed on the London Stock Exchange since 2002. As at 31 December 2014, the Group had 23.3Moz of JORC mineral resources, of which 9.2Moz were ore reserves, the majority of which are at its four mines, which are still being actively explored by in-house geological teams. In response to the lower and more volatile gold environment, the Group is maximising profitability by targeting a minimum gross margin of US$500/oz from its operations, at current gold prices, via strict cost control and disciplined capital allocation.

Value Drivers
  • The Group operates some of the largest gold mines in Russia in terms of ounces produced, processing capacity and resources.
  • On track to achieve full-year TCC/oz guidance of US$600/oz thanks to disciplined cost control.
  • Pure Russian gold player: strong Russian Government support; costs benefitted by depreciation of the Rouble.

Annual Production
Gold, oz per year
GEOs: No

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: JORC , GEOs: No

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders
  • Prosperity Capital Management
  • DE Shaw & Co
  • Hargreaves Landsowne
Management
Chairman: Sir Roderic Lyne
CEO: Dr. Pavel Maslovskiy
CFO: Alexey Dubynin
Deputy CEO: Dr. Alya Samokhvalova
More Detail
Capital Structure
Common Shares Outstanding: 3,310,210,281
Fully Diluted Shares: 3,310,210,281

IR Contact

Patrick Pittaway
+44 (20) 7201-8900
[email protected]
www.petropavlovsk.net

Address

11 Grosvenor Place
London SW1X 7HH
United Kingdom

Cautionary Information

© Copyright 2019, Denver Gold Group & Petropavlovsk PLC.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.