lebedev.k.m

Petropavlovsk restored gold mining

Long
MOEX:POGR   None
2021 Guidance
-The Company affirms its guidance of total 2021 gold production of 430 - 470koz, comprising own gold production of 370 - 390koz and gold production from 3rd-party concentrate of 60 - 80koz, with H2 2021 to include production from the new Pioneer flotation plant and increased supplies of 3rd-party concentrate
Pokrovskiy Pressure Oxidation (POX) Hub
-A total of 123kt of refractory gold concentrate was processed through the POX Hub in H1 2021, including 76kt from Malomir with an average grade of 28.5g/t and 38kt of 3rd-party concentrate with an average grade of 30.7g/t
- The new flotation plant at Pioneer supplied 8kt of concentrate at an average grade of 21.9g/t to the POX Hub in May and June, with 5.5koz of gold recovered for the period (95% recovery rate)
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