PRECIOUS METALS

Petropavlovsk probe reveals US$300M in iffy transactions

KPMG has published its final report into corporate skulduggery at Russia-focused gold miner Petropavlovsk, highlighting more than US$300 million worth of questionable transactions it says were carried out on the watch of previous management.

Petropavlovsk's operations in Russia

Petropavlovsk's operations in Russia

Following a boardroom coup in the summer of 2020, the London-listed miner commissioned KPMG to conduct a forensic investigation into transactions at the company in the three years up to August of that...

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