Executive Summary
Petropavlovsk (LON:POG) (formerly Peter Hambro Mining Plc) is the third biggest gold producer in Russia, with attributable gold production in 2010 of c.506,000 oz. The Group’s principal mining activities are located in the Amur Region. Other regions in which the Group is active include Yamal, Buryatiya, Magadan, Sakha, Chita and Irkutsk. There is also an interest in iron ore. The Group has offices in London, Moscow and Blagoveschensk, the capital of the Amur Region and employs approximately 5,000 people. In 2010, Petropalovsk earned revenue of $612m and it made an operating profit of $103m.
( edit
the website address is wrong; it should now be... http://www.petropavlovsk.net/
figures now updated to 2010 AR .) fourayes
Company History
- The Group was founded in 1994
- Petropavlovsk's shares have been traded on AIM since 2002. In addition to the London Stock Exchange, Petropavlovsk has an ADR programme with the Bank of New York.
Current Events
Business Model
Products/Services
Segments/Customers
Production/Operations
The Group’s operations are all located in Russia, concentrated in the Amur Region, Russian Far East. Omchak is located in the Magadan region and OJSC Yamalzoloto in the northern Urals, in the Yamal-Nenetsky Autonomous Region. [1]
Distribution/Routes to Market
Market & Competition
Market Share
Main Competitors
Competitive Strengths and Weaknesses
Petropavlovsk is today one of the lowest cost producers of gold in Russia and indeed worldwide with GIS cash operating costs of c.US$142.8 per ounce (as at 31 December 2007). [2]
Management
Financials
Historicals
Current Trading
Forecast Drivers and Issues
Balance sheet
Cashflow
Valuation
Comparable Companies
SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
