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.
http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB0031544546GBGBXSTMM

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.

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