Petropavlovsk Plc
The Petropavlovsk group is seeking to build a natural resources champion in the Russian Far East with an exceptional portfolio of assets using its wealth of knowledge, experience and expertise.Petropavlovsk PLC is listed on the Main Market of the London Stock Exchange and with a market capitalisation of c.£2.2 billion*.The Group's consistent and focused strategy since inception in 1994 has been based around developing low-cost mining assets, progressing from greenfield sites to producing operations, utilising its experienced management team and innovative in-house capabilities.The Group's major iron-ore and gold operations are located in the mineral-rich Amur Region and Jewish Autonomous Region (known as the "EAO") in the Russian Far East, close to the Chinese border. The Group is also active in a number of other regions across Russia.Total attributable gold production for 2009 was 486,800oz. The Group's 2009 total cash costs of US$309/oz position it as one of the lowest-cost gold producers in the world.The processing plant at the Kuranakh titanomagnetite and ilmenite project was comissioned in May 2010.
Contact Details
Executives
Chairman and CEO
Peter Hambro
Deputy Chairman and COO
Pavel Maslovsky