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Petropavlosk boosts production, profits

Costs rise in line with growth strategy

Jacqueline Holman
Entering the growth phase: Petropavlovsk is looking to become a 500,000 ounces per annum producer in the medium term

Entering the growth phase: Petropavlovsk is looking to become a 500,000 ounces per annum producer in the medium term

Production for the first half of the year rose 19%, year-on-year, to 232,400 ounces at an all-in sustaining cost of US$965 per ounce, up from $762/oz in the previous year. Total cash costs were also slightly...

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