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    Petropavlovsk PLC

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    • Tuesday, 12 July, 2022
      Petropavlovsk shares suspended after indebted miner files for administration

      Russian gold producer has struggled to refinance after UK imposed sanctions on main lender Gazprombank

      An aerial view of the Pokrovskiy hard-rock gold mine, owned by Petropavlovsk
    • Wednesday, 20 April, 2022
      Petropavlovsk hit with demand for almost $300mn from Gazprombank

      London-listed gold producer’s shares plunge after debt repayment order from sanctions-hit Russian lender

      An aerial view of a gold mine owned by Petropavlovsk in Russia
    • Thursday, 14 April, 2022
      London-listed Petropavlovsk warns investors may be wiped out

      Previously high-flying Russian gold miner has been caught up in sanctions fallout

      An aerial view of Pokrovskiy hard-rock gold mine owned by Petropavlovsk in Russia’s Amur province
    • Wednesday, 30 March, 2022
      Lex
      Petropavlovsk: sanctions take the shine off Russian gold miner Premium content

      Shares down 70% since the start of Russia’s invasion reflect further uncertainty for long-suffering investors

      Peter Hambro, co-founder of Petropavlovsk
    • Friday, 25 March, 2022
      Gold producer Petropavlovsk blocked from loan payment as UK sanctions bite

      Russian-focused company prohibited from paying interest due after its main lender Gazprombank had assets frozen

      Petropavlovsk-owned Pokrovskiy hard-rock gold mine, in Russia’s Amur region
    • Saturday, 31 July, 2021
      FT CollectionsGreensill Capital
      Jay Hambro, the ‘ultimate salesman’ behind Sanjeev Gupta’s GFG

      Metal magnate’s deeply connected right-hand man opened doors to politicians and global banks

      Jay Hambro, GFG Alliance, the Alvance Aluminum Group plant, operated by GFG Alliance Ltd, in Dunkerque, Fran
    • Tuesday, 1 June, 2021
      Fears for health of Petropavlovsk co-founder in Russian jail

      Pavel Maslovskiy was arrested in December on fraud charges

      A hard-rock gold mine owned by Petropavlovsk in Russia’s far-eastern Amur region
    • Friday, 28 May, 2021
      City InsiderBryce Elder
      Problems ironed out at Petropavlovsk

      The Russian gold miner is selling a stake in its iron ore business to a company previously focused on blockchain

    • Tuesday, 2 February, 2021
      Petropavlovsk arrest followed director request for FSB probe

      Co-founder was detained after letter to Russian security service regarding son’s real estate deal

    • Monday, 14 December, 2020
      Petropavlovsk founder criticises probe into past deals as a ‘smokescreen’

      Ousted CEO dismisses investigation as an effort to divert attention from rival and biggest shareholder UGC

    • Monday, 30 November, 2020
      Gold
      Petropavlovsk hires former head of Highland Gold as chief

      Feud-stricken FTSE 250 miner seeks to draw line under summer of discontent

      Petropavlovsk’s processing hub in eastern Russia. Industry experts said Denis Alexandrov was an ‘outstanding’ hire but faced a tough task bringing together the company’s warring factions
    • Monday, 23 November, 2020
      Petropavlovsk launches investigation into past deals

      KPMG to probe three years of transactions during tenure of ousted chief Pavel Maslovskiy

    • Thursday, 22 October, 2020
      Petropavlovsk chief executive faces Russian criminal probe

      Investigation follows Maksim Meshcheryakov’s forced entry of FTSE 250 gold miner’s Moscow office

    • Friday, 9 October, 2020
      Gold miner Petropavlovsk cuts production forecasts

      Weaker outlook will add to concerns over tumult at Russian group

    • Monday, 5 October, 2020
      Petropavlovsk’s interim chief forced to break into HQ

      CCTV footage shared on social media show’s incident as staff stay loyal to gold miner’s former boss

    • Monday, 17 August, 2020
      Petropavlovsk appoints interim chief

      Russia-focused FTSE 250 gold miner to replace co-founder after latest boardroom clear-out

      Petropavlovsk’s Pokrovskiy hard-rock gold mine
    • Tuesday, 11 August, 2020
      LombardPrudential PLC
      Pru stops hemming over Jackson and starts hawing over Asia

      Mike Wells gives shareholders a definitive answer on the group’s geographic structure

    • Wednesday, 5 August, 2020
      Russian billionaire denies seeking to acquire UK-listed Petropavlovsk

      Gold mining executive says rival should remain a public company

    • Thursday, 30 July, 2020
      European companies
      Petropavlovsk shareholders advised to back Prosperity in stand-off

      ISS says Pavel Maslovskiy and five directors should be elected to board

      Petropavlovsk mine
    • Tuesday, 28 July, 2020
      Petropavlovsk warns of results delay after PwC rejects auditor role

      London-listed miner says firm ‘not prepared to act for the group’ until investor dispute is settled

      Petropavlovsk has been caught in turmoil after Russian miner UGC and three other investors ousted half the company’s board, including its chief executive
    • Thursday, 23 July, 2020
      Petropavlovsk founder calls for rival to be forced to make an offer

      London-listed Russian gold miner urges action from UK regulators in wake of UGC stakebuilding

      Petropavlovsk is one of the best-performing stocks in London over the past year. As of Thursday, the company had a valuation of £1bn
    • Thursday, 16 July, 2020
      Petropavlovsk investor calls for probe into deals

      Big shareholder urges independent review to end turmoil at London-listed gold miner

    • Tuesday, 14 July, 2020
      European companies
      Petropavlovsk revival at risk after boardroom bloodbath

      Latest turmoil for FTSE 250 gold miner long fought over by Russian and Kazakh billionaires

    • Friday, 3 July, 2020
      Investments
      Investors Chronicle: Redrow, Royal Dutch Shell, Petropavlovsk

      Companies analysis from our sister publication

    • Tuesday, 30 June, 2020
      Petropavlovsk calls foul over boardroom oustings

      FTSE 250 gold miner seeks regulatory probe after four investors vote out most of its directors

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