PROFIT & LOSS

Petropavlovsk steadies ship with guidance hit

Russia-focused gold miner ticks off 2017 goal, hopes for more of the same in 2018

Staff reporter
Petropavlovsk hit its 2017 production guidance, but there are risks associated with its 2018 estimates, Peel Hunt analysts said

Petropavlovsk hit its 2017 production guidance, but there are risks associated with its 2018 estimates, Peel Hunt analysts said

The company produced 439,600 ounces of gold in 2017, bang in line with its 420,000-460,000oz guidance, and up from 400,200oz in 2016. The only operation producing less during the year was Pokrovskiy, which...

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