Petropavlovsk Plc reports a 42% surge in gold production for

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Petropavlovsk Plc reports a 42% surge in gold production for

Petropavlovsk Plc (LON: POG) has released its trading update for H1 2020, for the period ended 30 June 2020.

  • The company reported a 42 per cent increase in total gold production to 320.6koz as compared to 225.0koz in H1 2019.
  • There was a 39 per cent increase in total gold sales to 312.4koz for H1 2020 as compared to 225.0koz in H1 2019.
  • The total sales also included 70.9koz of gold produced from the processing of company’s own and third-party refractory gold concentrates at the POX Hub.
  • On 23rd July 2020, at the time of writing, GMT 11:32 AM, POG shares were trading at GBX 37.35, up by 6.05 points or 19.33% against the previous day closing price.

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