Petropavlovsk PLC - POG.l

Petropavlovsk PLC - POG.l operates four gold mines: Pioneer, Malomir, Pokrovskiy, and Albyn. All four mines are located in the Amur region, the Russian Far East

The company produced 630,100oz of gold in 2011.

On January 17, 2013 the company released NEWS

"Potential US$238 million investment in IRC by new shareholders Petropavlovsk PLC (“Petropavlovsk” or the “Company” or, together with its subsidiaries, the “Group”) is pleased to announce a potential US$238m investment in IRC Limited (“IRC”) by General Nice Development Limited (“General Nice”) and Minmetals Cheerglory Limited (“Minmetals Cheerglory”) to fund production growth. IRC will also enter into long-term off-take arrangements.