Got to love it !!!4 May 2022 15:30
Up to March 31st 2022
Mr Denis Alexandrov, CEO, said:
"Petropavlovsk achieved its production targets in the first quarter of this year, with higher output from Pioneer, aided by its new flotation plant, and 3rd-party concentrate offsetting expected lower production at Albyn and Malomir due to lower grades. Despite the conflict in Ukraine and related sanctions that have led to various challenges at the corporate level, our mines operated without disruption throughout the period.
Mr Denis Alexandrov, CEO, said:
"Petropavlovsk achieved its production targets in the first quarter of this year, with higher output from Pioneer, aided by its new flotation plant, and 3rd-party concentrate offsetting expected lower production at Albyn and Malomir due to lower grades. Despite the conflict in Ukraine and related sanctions that have led to various challenges at the corporate level, our mines operated without disruption throughout the period.
§ Gold sales totalled 89.8koz in Q1 2022 (Q1 2021: 95.6koz)
§ The average realised gold price during the period was US$1,871/oz, a 5% increase on Q1 2021 (US$1,789/oz)
GL