Petropavlovsk PLC - gold miner in Russia - Investee IRC Ltd updates on third quarter. Sales rise 10% quarter-on-quarter to 697,586 tonnes of iron ore concentrate but production falls 3.1% to 645,233 tonnes. Price per tonne slips 18% quarter-on-quarter to USD191. Petropavlovsk has just over a 31% stake in the iron ore miner, which predominantly operates in the Russian Far East region and in China.
Current stock price: 24.46 pence
Year-to-date change: down 25%
By Eric Cunha; ericcunha@alliancenews.com
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