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Petropavlovsk at risk of missing annual guidance, says Canaccord

Russia-focused gold miner Petropavlovsk (POG) will need to pull its socks up in the second half of the year from an operational perspective if it is to hit its annual production target, analysts at Canaccord Genuity said following the company’s H1 trading update, released on Wednesday.

Tom Hoskyns
Petropavlovsk's POX hub at Pokrovskiy in Russia

Petropavlovsk's POX hub at Pokrovskiy in Russia

POG reported a 32% year-on-year drop in gold production (excluding third party concentrate) in the June quarter, which the company said was "primarily due to the switch to processing ore from the Elginskoye...

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