Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
In the same category

Petropavlovsk Plc.

Published : July 17th, 2017

Plc email alerting service

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
RNS Number : 3043L
Petropavlovsk PLC
17 July 2017
 

17 July 2017

 

 

Petropavlovsk PLC

 

Petropavlovsk Announces Departure of CEO

 

The Board of Petropavlovsk PLC ("Petropavlovsk" or the "Company" or, together with its subsidiaries, the "Group") announces that Dr Pavel Maslovskiy has today resigned from the Board with immediate effect and is also resigning as CEO of the Company. The Board expects to announce an interim CEO shortly. Dr Pavel Maslovskiy has agreed to continue to assist the Company in facilitating a smooth transition to the new leadership. 

 

Commenting on the announcement, Non-Executive Chairman, Ian Ashby, stated:

"The Board expresses its appreciation to Dr Maslovskiy for his service to the Group over the past twenty three years, as a founder and one of the key drivers of the Group's development, and thanks him for his assistance to achieve an orderly hand over. The Board wishes Dr Maslovskiy success in his future endeavours."

 

Dr Pavel Maslovskiy, departing Chief Executive Officer, comments:

"I have decided that the time has come to hand over the leadership of the Company to new management. I intend to remain a shareholder of the Company and to help with the transition to a new CEO."

 

This announcement contains inside information for the purposes of article 7 of The Market Abuse Regulation EU 596/2014.

 

About Petropavlovsk

Petropavlovsk is one of Russia's leading gold mining companies. As at 31 December 2016, the Company had produced approximately 6.4Moz of gold.

 

Petropavlovsk is in the construction phase of a state of the art pressure oxidation facility to process the Company's substantial refractory resource base. The Company's combined 3,600km2 license holding has untapped resource potential. The Company is a leading employer and contributor to the development of the local economy in the Amur region, Russian Far East, where it has operated since 1994.

 

Petropavlovsk is a shareholder (31.1%) of IRC Limited and is the guarantor of the US$340 million project finance facility (US$234 million principal outstanding, as at 31 December 2016). IRC is a vertically integrated iron ore producer and developer in the Russian Far East and North Eastern China. IRC is listed on the Hong Kong Stock Exchange (Ticker: 1029.HK).

 

Petropavlovsk is listed on the Main Market of the London Stock Exchange (Ticker POG:LN)

 

Enquiries

 

For more information, please visit www.petropavlovsk.net and www.ircgroup.com.hk or contact

 

Maitland

Neil Bennett

James Isola

+44 (0) 20 7379 5151

Petropavlovsk-Maitland@maitland.co.uk

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
BOASFSFMWFWSELW

To unsubscribe or to change your subscriber options,
click here
.
Data and Statistics for these countries : China | Hong Kong | Russia | All
Gold and Silver Prices for these countries : China | Hong Kong | Russia | All

Petropavlovsk Plc.

PRODUCER
CODE : POG.L
ISIN : GB0031544546
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Petropavlovsk is a producing gold 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 23.1 billions as of today (US$ 30.2 billions, € 25.7 billions).

Its stock quote reached its highest recent level on December 26, 2008 at GBX 99.98, and its lowest recent point on July 26, 2017 at GBX 7.00.

Petropavlovsk has 3 303 770 112 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Project news of Petropavlovsk Plc.
4/28/2016Russia's Petropavlovsk to buy small gold miner Amur Zoloto
4/28/2016Russia's Petropavlovsk buys gold miner for $144 mln
7/27/2015BUZZ-UK precious metals miners: Gold recovers from 5-1/2 yr ...
2/20/2015Hambro''s rescue plan for gold miner Petropavlovsk faces uph...
11/8/2014Hambro’s battle to bring miner back to land of the living
7/23/2013and Finance: Petropavlovsk cuts more than 700 jobs, Platina ...
6/21/2011(Pokrovskiy Rudnik)Operational and POX update
Corporate news of Petropavlovsk Plc.
8/2/2016Should you buy these three big movers today?
7/29/2016Notice of IRC Announcement
7/27/2016Notice of IRC announcement
7/18/2016IRC Announcement
7/2/2016Director Retirement and Board Committee Changes
6/30/2016AGM Resolutions
6/29/2016Full Year 2016 Petropavlovsk PLC Earnings Release - Before M...
6/14/2016Update on Transactions
5/31/2016Notice of IRC Announcement
5/23/2016Petropavlovsk Open to Merger With Vekselberg’s Gold Unit
5/13/2016Director/PDMR Shareholding
5/11/2016Voting Rights and Share Capital
5/11/2016Director's Dealings
5/7/2016Additional Listing
5/2/2016Joint Venture
5/2/2016Notice of Publication of Annual Report
5/2/2016Disposal of Non-Core Assets
5/2/2016Agreement to acquire Amur Zoloto
2/10/2016Could Randgold Resources Ltd, Fresnillo Plc and Petropavlovs...
1/25/2016Should You Buy, Sell or Hold Petropavlovsk PLC, Petra Diamon...
1/21/2016Will Petropavlovsk Plc, Rockhopper Exploration Plc And Monet...
11/20/2015Announcements and Notices - Announcement Continuing Connecte...
10/21/2015Hedging in the Gold Miners
10/21/2015What Does The Future Hold For Randgold Resources Ltd, Fresni...
10/20/2015Is Petropavlovsk PLC A Better Buy Than Randgold Resources Li...
10/20/2015Russia's Petropavlovsk says Q3 gold output down 24 pct y/y
8/27/2015Petropavlovsk swings to loss on poor gold prices
8/27/2015Half Year 2015 Petropavlovsk PLC Earnings Release - Before M...
7/31/2015Is Now The Perfect Time To Buy Randgold Resources Limited, F...
7/20/2015Why is the gold price falling and where is it going next?
7/4/2015Petropavlovsk ‘will pay debts’
6/17/2015Thursday preview: US inflation data and jobless claims on ta...
6/15/2015Aberdeen Asset Management falls on £100m stake sale to Mitsu...
4/29/2015Petropavlovsk to cut debt pile further
4/29/2015Full Year 2014 Petropavlovsk PLC Earnings Release - Before M...
4/29/2015Russia's Petropavlovsk 2014 net loss narrows to $348 mln
3/24/2015Publication of Offering Circular
3/24/2015Notification of Major Interest in Shares
3/24/2015Price Monitoring Extension
3/24/2015Completion of Refinancing
3/24/2015Director/PDMR Shareholding
3/24/2015Notice of IRC announcement
3/24/2015Satisfaction of Effectiveness Condition
3/24/2015Admission of nil paid rights
3/24/2015Second Price Monitoring Extn
3/24/2015Holding(s) in Company
3/24/2015Results of Rump Placing & Total Voting Rights
3/24/2015Results of Rights Issue
2/26/2015Investors approve Petropavlovsk's restructuring plan
2/19/2015Sapinda Says It's Not After Petropavlovsk's Gold Assets
2/17/2015Petropavlovsk Shareholder Opposes Financing Package
1/13/2015Notification of Major Interest in Shares
1/13/2015Petropavlovsk PLC announces Extension of Bond Maturity Date
1/13/2015Notice of IRC Announcement
1/13/2015Notification of Major Interest in Shares
12/11/2014Announcements and Notices - IRC: Petropavlovsk PLC Announces...
12/8/2014Russia's Petropavlovsk agrees refinancing with 62 pct of bon...
11/4/2014Petropavlovsk shares jump on consortium's rescue bid
10/22/2014Russia's Petropavlovsk says Q3 gold output up 2 pct q/q at 1...
9/16/2014[video] Petropavlovsk facing 'major debt repayment': Exec
9/16/2014Petropavlovsk Slumps on Plan to Sell Shares to Refinance Bon...
9/16/2014Russia's Petropavlovsk says key lenders want quick refinanci...
8/29/2014Russian Gold Miner Petropavlovsk Working on Deal With Lender...
8/28/2014Petropavlovsk ‘Much Closer’ to Debt Refinance Deal With Hold...
7/22/2014Gold Review: Petropavlovsk PLC Soars On Refinancing News
7/22/2014Petropavlovsk Banks Agree to Relax Debt Conditions in Princi...
7/17/2014Gold Review: Petropavlovsk PLC Plunges But African Barrick G...
7/7/2014Gold Review: Petropavlovsk PLC Sees Violent Swings As Invest...
4/2/2013Hemscott News Alert - Petropavlovsk PLC
2/25/2013Hemscott News Alert - Petropavlovsk PLC
2/1/2013Hemscott News Alert - Petropavlovsk PLC
1/16/2013Hemscott News Alert - Petropavlovsk PLC
12/24/2012Hemscott News Alert - Petropavlovsk PLC
12/12/2012Hemscott News Alert - Petropavlovsk PLC
11/30/2012Hemscott News Alert - Petropavlovsk PLC
10/16/2012Hemscott News Alert - Petropavlovsk PLC
10/5/2012Hemscott News Alert - Petropavlovsk PLC
9/17/2012Hemscott News Alert - Petropavlovsk PLC
9/5/2012Hemscott News Alert - Petropavlovsk PLC
7/25/2012Hemscott News Alert - Petropavlovsk PLC
6/29/2012Hemscott News Alert - Petropavlovsk PLC
6/14/2012Hemscott News Alert - Petropavlovsk PLC
5/8/2012Hemscott News Alert - Petropavlovsk PLC
4/27/2012Hemscott News Alert - Petropavlovsk PLC
4/12/2012Hemscott News Alert - Petropavlovsk PLC
3/28/2012Hemscott News Alert - Petropavlovsk PLC
3/15/2012Hemscott News Alert - Petropavlovsk PLC
2/22/2012Hemscott News Alert - Petropavlovsk PLC
1/26/2012Hemscott News Alert - Petropavlovsk PLC
1/13/2012Hemscott News Alert - Petropavlovsk PLC
12/20/2011Hemscott News Alert - Petropavlovsk PLC
11/25/2011Hemscott News Alert - Petropavlovsk PLC
10/18/2011Hemscott News Alert - Petropavlovsk PLC
9/16/2011Hemscott News Alert - Petropavlovsk PLC
8/23/2011Hemscott News Alert - Petropavlovsk PLC
8/8/2011Hemscott News Alert - Petropavlovsk PLC
5/17/2011Hemscott News Alert - Petropavlovsk PLC
5/4/2011Hemscott News Alert - Petropavlovsk PLC
4/21/2011Hemscott News Alert - Petropavlovsk PLC
3/22/2011Hemscott News Alert - Petropavlovsk PLC
2/18/2011Hemscott News Alert - Petropavlovsk PLC
Comment this article
>Follow all commentairies
You must be logged in to comment an article8000 characters max.
Log in or Sign up
 
Latest comment posted for this article
Be the first to comment
Add your comment
LSE (POG.L)
7.00-2.78%
LSE
GBX 7.00
07/26 16:35 -0.200
-2.78%
Prev close Open
7.20 7.10
Low High
7.00 7.35
Year l/h YTD var.
5.96 -  8.50 0.719%
52 week l/h 52 week var.
5.96 -  8.92 2.79%
Volume 1 month var.
241,483 3.70%
24hGold TrendPower© : -38
Produces Gold
Develops
Explores for Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
DateVariationHighLow
20170.72%7.206.70
20166.60%9.155.09
2015191.59%7.802.24
2014-91.42%9.9411.14
2013-77.62%94.10103.59
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Teck(Ag-Au-Co)TCK
Reports Unaudited Second Quarter Results for 2017
US$ 21.09+2.43%Trend Power :
Teck(Ag-Au-Co)TCK
Announces Dividend
US$ 21.09+2.43%Trend Power :
Cooper EnergyCOE.AX
ASX Announcement
AU$ 0.35-0.71%Trend Power :
New Gold(Cu-Le-Zn)NGD
New Gold Announces Management Appointments and Addition of New Director
US$ 3.17+4.97%Trend Power :
New Gold(Cu-Le-Zn)NGD
New Gold Announces 2017 Second Quarter Results; Rainy River Project Schedule and Cost Remain in Line
US$ 3.17+4.97%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
Announces Declaration of Dividend
CA$ 8.55+2.03%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
Second Quarter Results
CA$ 8.55+2.03%Trend Power :
Teck(Ag-Au-Co)TCK
Announces Appointment of Scott Maloney as Vice President, Environment?=
US$ 21.09+2.43%Trend Power :
FuelCell EnergyFCEL
FuelCell Energy Announces the Award of Three Fuel Cell Projects Totaling 39.8 Megawatts by Long
US$ 1.59+7.43%Trend Power :
Alexandria Min.(Au-Cu-Le)AZX.V
Expands Near-Surface Gold Veins to 1,100 Metres in Length at Orenada Zone 4, Intersects 375.00 g/t G
CA$ 0.07+0.00%Trend Power :
Sandstorm Gold(Cu-Mo-Au)SSL.V
Provides Development and Exploration Updates on Royalty Assets
CA$ 5.24+4.38%Trend Power :
Premier Gold Mines(Au)PG.TO
Premier Updates McCoy-Cove Drilling and Pre-Development Program
CA$ 3.36+4.02%Trend Power :
Serabi Gold(Au)SRB.L
Strong second quarter production consolidating mid-year position with guidance maintained.
GBX 4.38+0.00%Trend Power :
Santos(Ngas-Oil)STO.AX
New Executive Appointment
AU$ 3.36-0.74%Trend Power :
Osisko Mining(Cu-Ni-Zn)OSK.TO
OSK Osisko Mining drills 2.7 m of 57 g/t Au at Windfall
CA$ 4.47+7.97%Trend Power :
Entree Gold(Cu-Au)ETG.TO
Entrée Gold - Annual General Spec
CA$ 0.64+7.50%Trend Power :
Silver Standard(Ag-Au-Cu)SSO.TO
Provides First Quarter 2017 Corporate Exploration Update
CA$ 12.24+1.58%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Drilling Extends Mineralization at Lemarchant, NFLD
CA$ 0.16+0.00%Trend Power :
Target Resources(Au-Gems)TGT.L
KOOTENAY ANNOUNCES DRILL PROGRAM TO TARGET RESOURCE EXPANSION AT LA CIGARRA SILVER PROJECT=2C MEXICO
GBX 1.10-2.65%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
Reports Q1 2017 Production Results
US$ 2.69+6.32%Trend Power :