Some 20 people seriously injured as Aeroflot plane hits air pocket in ThailandWorld May 01, 6:57
Russian members of VE Day motorbike rally not allowed into PolandWorld May 01, 1:55
Rally in Dutch capital pays tribute to Odessa fire victimsWorld May 01, 1:52
Russian traveler reaches South Africa by motorbikeSociety & Culture May 01, 0:49
Ukraine blows money by building dam to cut Crimea off water — Russian lawmakerRussian Politics & Diplomacy May 01, 0:41
Some 150,000 motorsport fans attend F1 racing weekend in Russia’s SochiSport May 01, 0:39
Putin, French ski legend Jean-Claude Killy join ice hockey training session in SochiSport April 30, 21:09
Putin awards Valtteri Bottas with Russian F1 GP TrophySport April 30, 18:02
FIA Formula One 2017 Russian Grand Prix boosts off in SochiSport April 30, 15:23
MOSCOW, July 21. /TASS/. Russian gold miner Petropavlovsk lowered gold production by 21.6% year-on-year to 240,200 oz. in the first half of 2015, the company said on Tuesday.
Petropavlovsk plans to produce 680,000 oz. of gold at 2015 year-end, the company reported.
The net debt of Petropavlovsk declined to $696 mln as of June 30, 2015 from $930 mln at 2014 year-end.
The company sold 229,700 oz. of gold in the first half of 2015, Petropavlovsk reported. The gold miner maintains its capital expenditures forecast of $35 mln and plans to reduce the net debt to $600 mln at 2015 year-end.
Core assets of Petropavlovsk are concentrated in the Amur Region of the Russian Far East.