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      • London-listed Russian gold mining firm Petropavlovsk will cease trading and file for administration after revealing it was unable to repay a $201m (£169.3m) loan to a sanctioned bank.
      www.cityam.com/petropavlovsk-plc-to-suspend-trading-and-file-for-administration/

      Petropavlovsk PLC to suspend trading and file for administration

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  3. www.ft.com › content › e4371df1-30bb-48a7-b5c6-fdc47Petropavlovsk shares suspended after indebted miner files for ...

    Jul 12, 2022 · Petropavlovsk plans to file for administration this week as the indebted gold producer struggles to refinance its borrowings and seeks a buyer for its mines in Russia’s far east.

    • Neil Hume

  4. www.cityam.com › petropavlovsk-plc-to-suspendPetropavlovsk PLC to suspend trading and file for administration

    Jul 12, 2022 · London-listed Russian gold mining firm Petropavlovsk will cease trading and file for administration after revealing it was unable to repay a $201m (£169.3m) loan to a sanctioned bank.

  5. www.ft.com › content › bc61a669-09ca-4b6c-b614-5b4dfLondon-listed Petropavlovsk warns investors may be wiped out

    Apr 14, 2022 · Russian gold producer Petropavlovsk has warned investors that they could be wiped out as the wave of sanctions against Moscow leaves the group struggling to refinance its debt.

    • Neil Hume

  6. www.ft.com › content › aaa3c0cc-f496-4e37/8744/52399Petropavlovsk revival at risk after boardroom bloodbath

    Jul 14, 2020 · Petropavlovsk shareholders thought the company had turned a corner after years of infighting in which a series of Russian and Kazakh billionaires fought for control.

    • Neil Hume

  7. news.sky.com › story › advisers-to-london-listedAdvisers to London-listed gold miner Petropavlovsk quit as ...

    May 20, 2022 · Petropavlovsk, which mines gold in the far east of Russia, said in March that it had been prohibited from making a loan interest payment of $560,000 because Gazprombank had been sanctioned by the UK government. The company has seen its shares plunge to just 1.49p, leaving it with a market value of only £56m.

  8. interfax.com › newsroom › top-storiesPetropavlovsk shares delisted from LSE - Interfax

    Jul 20, 2022 · On Monday, Petropavlovsk announced that the company had appointed external administrators, which indicated the beginning of insolvency proceedings. The company has since applied to cancel the listing of its shares and convertible bonds on the LSE and cease trading its shares on the Moscow Exchange .

  9. www.lse.co.uk › news › in-brief-petropavlovsk-inIN BRIEF: Petropavlovsk in administration after court order

    Jul 13, 2022 · Petropavlovsk PLC - Russian gold miner - Court appoints Allister Manson, Trevor Binyon and Jo Rolls of Opus Restructuring as administrators of the company, with immediate effect.