TIDMPOG

RNS Number : 8606A

Petropavlovsk PLC

29 March 2017

29 March 2017

Petropavlovsk PLC

Investor Day Presentation

Petropavlovsk PLC ("Petropavlovsk" or the "Company" or, together with its subsidiaries, the "Group") announces that the presentation delivered at its institutional investor event on 29(th) March 2017 is now available at www.petropavlovsk.net.

About Petropavlovsk

Petropavlovsk is one of Russia's leading gold mining companies. As at 31 December 2016, the Company had produced approximately 6.4Moz of gold.

Petropavlovsk is in the construction phase of a state of the art pressure oxidation facility to process the Company's substantial refractory resource base. The Company's combined 3,600km(2) license holding has untapped resource potential. The Company is a leading employer and contributor to the development of the local economy in the Amur region, Russian Far East, where it has operated since 1994.

Petropavlovsk is a shareholder (31.1%) of IRC Limited and is the guarantor of the US$340 million project finance facility (US$234 million principal outstanding, as at 31 December 2016). IRC is a vertically integrated iron ore producer and developer in the Russian Far East and North Eastern China. IRC is listed on the Hong Kong Stock Exchange (Ticker: 1029.HK).

Petropavlovsk is listed on the Main Market of the London Stock Exchange (Ticker POG:LN)

Enquiries

For more information, please visit www.petropavlovsk.net and www.ircgroup.com.hk or contact:

 
 Petropavlovsk PLC          Maitland 
 Alexandra Carse            Neil Bennett 
 Grace Hanratty             James Isola 
 +44 (0) 20 7201 8900       +44 (0) 20 7379 5151 
 TeamIR@petropavlovsk.net   Petropavlovsk-Maitland@maitland.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 29, 2017 04:00 ET (08:00 GMT)

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