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Petropavlovsk hits guidance, jumps over 10%

Petrovavlovsk’s (LSE:POG) shares jumped over 10% Wednesday after it announced it had reached its annual guidance and was on track to commission the next two processing lines of its POX Hub project during the first half of the year.

Jacqueline Holman
Petropavlosk has converted its Pokrovskiy mine into a POX hub

Petropavlosk has converted its Pokrovskiy mine into a POX hub

Petropavlovsk produced 422,300 ounces of gold in 2018, within the 420,000-450,000oz guidance, although 4% lower than the previous year. The year was a volatile one, with the entire board removed and...

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