Petropavlovsk Plc.

Published : January 16th, 2013

Hemscott News Alert - Petropavlovsk PLC

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Keywords :   Hong Kong | Ilmenite |
RNS Number : 6704V
Petropavlovsk PLC
16 January 2013
 

???

 

16 January 2013

 

 

IRC: Q4 to 31 December 2012 Trading Update:

Kuranakh beats 2012 Production Targets for Second Consecutive Year

 

Petropavlovsk PLC ("Petropavlovsk") holds a majority stake in IRC Limited ("IRC"), the Group's former Non-Precious Metals Division prior to its listing on the Stock Exchange of Hong Kong Limited (stock code: 1029).

 

Petropavlovsk is pleased to confirm that IRC has issued today its Trading Update for the Fourth Quarter of 2012, to 31st December 2012..

 

Key Highlights:

Iron ore production targets exceeded at Kuranakh Mine by 18%

K&S Project construction and operations on track

2013 production targets set significantly higher at 900,000 tonnes for iron ore (10% increase year-on-year) and 160,000 tonnes for ilmenite (28% increase year-on-year)

 

The full announcement may be found on IRC's website, http://www.ircgroup.com.hk.

 

 

Enquiries

 

Petropavlovsk PLC

Alya Samokhvalova 

Rachel Tuft

 

 

 +44 (0) 20 7201 8900

 

 

College Hill

David Simonson

Matthew Tyler

Anca Spiridon

 

 +44 (0)20 7457 2020

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Petropavlovsk Plc.

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CODE : POG.L
ISIN : GB0031544546
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Petropavlovsk is a gold producing company based in United kingdom.

Petropavlovsk holds various exploration projects in Russia.

Its main assets in production are POKROVSKIY RUDNIK, OMCHAK JOINT VENTURE and PIONEER ( RUSSIA) in Russia and its main exploration properties are MALOMIR and TOKUR in Russia.

Petropavlovsk is listed in United Kingdom. Its market capitalisation is GBX 49.0 billions as of today (US$ 58.6 billions, € 51.3 billions).

Its stock quote reached its highest recent level on December 26, 2008 at GBX 99.98, and its lowest recent point on August 30, 2019 at GBX 10.00.

Petropavlovsk has 3 303 769 000 shares outstanding.

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