Petropavlovsk says to cut gold production by 14Ц21% in 2021 - Metals & Mining - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Petropavlovsk says to cut gold production by 14Ц21% in 2021

MOSCOW, Mar 31 (PRIME) -- Russian gold producer Petropavlovsk plans to cut production by 14.2Ц21.5% in 2021 to 430,000Ц470,000 ounces, the company said in a statement on Wednesday.†

The company plans capital expenditures at U.S. $140 million in 2021, including $120 million to be spent on development and maintenance and about $20 million on geological exploration.

In 2020, capital expenditures amounted to $118 million.

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31.03.2021 10:03
 
 
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