http://www.kitco.com/charts/livegold.html

cheers GF.

Interim Management Statement and Production Update

Highlights

n 204,400oz of gold produced in the period from 1 July 2013 to 30 September 2013 ("Q3 2013") and unit costs within 2013 guidance, despite severe rains and widespread flooding in the Amur region
n Total gold production and sales for the first nine months of the year amounted to 499,100oz and 512,900oz respectively, slightly higher than the corresponding period in 2012
n Exceptional efforts by Petropavlovsk staff and management at all sites limited the effect of flooding on estimated annual production to a reduction of less than 3%
n Average realised gold price of US$1,495/oz during Q3 2013, including US$157/oz benefit due to the successful hedging programme set in place earlier in the year
n Further promising exploration results expected to prolong the life of non-refractory processing facilities at the majority of the Group's mines
n Further development of the POX hub with the lining of the autoclaves on track to be finished by February 2014 at a reduced cost
n Strong performance at IRC Limited ("IRC"), the Group's industrial commodities subsidiary; on course to meet increased production guidance
n Net debt as at 4 October 2013 was US$1.08 billion, a decrease of US$70 million compared to net debt as at 30 June 2013 (US$1.15 billion). This was due to lower than budgeted unit cash costs (on per tonne and per m3 basis) and the previously-announced cost cutting programme; on course to reduce net debt to US$1 billion by year end

Canaccord Genuity Buy 71.75 72.75 190.00 190.00 Reiterates

Numis Buy 71.75 72.75 150.00 - Under Review

Westhouse Securities Buy 71.75 72.75 130.00 130.00 Retains

skin do you get the impression these brokers think the price of gold is going to rise, perhaps they are looking forward to Christmas!

i think they've got a load of stock on their books that they'ld like to pass on to some mug punters

Hey! I'm thinking of increasing my holding. He who dares and all that, perhaps I should change my name to Trigger. ha!ha!
2517

i (almost) agree that this one has fallen far enough, but the company has disappointed the market far too often and it is slow to forgive

if i was buying into mining, i'ld be much more inclined to buy into an ore or even nickel producer as they will reap great benefits as world economies pick up speed

RBC Capital Markets Underperform 80.13 105.00 85.00 Retains

JP Morgan Cazenove Underweight 80.13 70.00 80.00 Reiterates

Westhouse Securities Buy 80.13 130.00 120.00 Retains

General Meeting in relation to the proposed sale of non-strategic alluvial assets for a cash consideration of US$25 million

Petropavlovsk PLC ("Petropavlovsk" or the "Company") is pleased to announce that, further to the announcements on 28 October 2013 and 17 September 2013 in relation to the proposed sale of the Group's entire interest of 76.62% of the issued shares in OJSC "Ore-mining Company" Berelekh, the ordinary resolution put to shareholders at today's General Meeting was duly passed on a show of hands.
Full details of the proxy votes received from shareholders prior to the meeting for the resolution are set out below and will also be made available on the Company's website www.petropavlovsk.net

Suspension of Trading in the Shares of IRC Limited

Petropavlovsk PLC announces that IRC Limited, its 51.2% owned iron ore mining subsidiary, has today suspended trading of its shares on The Stock Exchange of Hong Kong Limited. This is due to a possible revision to the timetable of the previously announced investment in IRC Limited by General Nice Development Limited and Minmetals Cheerglory Limited, which was scheduled to be completed by 18 November 2013. The revision may also include a change to the order in the steps that will be taken towards completion of the transaction. IRC Limited and Petropavlovsk PLC will announce further details when they become available.

looks as though POG has f'ed up yet again .... no wonder the city is fed up with the company ..... glad I shall lose no more shirts here

You better give your shirt to skinners cynic could be a long cold winter for him here.,.

Vanguard Precious Metals and Mining Fund < 9%

Petropavlovsk PLC (the "Company" or, together with its subsidiaries, the "Group") is pleased to announce the results of a Board review of the Group's strategic operational and development plans until 2025. This review takes into consideration the current gold price and the results of the exploration programme carried out by the Group.



Highlights

■ Ongoing exploration programme results in an increase of 5.7 million ounces ("Moz") of non-refractory resources estimated in accordance with the Russian Classification System for the processing at the Pioneer, Albyn and Malomir facilities

■ The increase in resources is expected to support continuing only non-refractory production until 2019

■ An anticipated step-change improvement in operating costs from 2015 due to better grades and stripping ratios at the Pioneer, Albyn and Malomir mines

■ 2014 forecast production at 620,000oz-630,000oz

■ Net debt already below US$1.0 billion ahead of target debt reduction schedule

http://www.moneyam.com/action/news/showArticle?id=4726511

Westhouse Securities Buy 71.75 70.00 120.00 120.00 Retains

IRC: General Nice Further Subscription Shares

2013 Full Year & Fourth Quarter Trading Update

2013 Highlights

· Annual gold production of 741,200oz, within the Company's guidance despite extensive flooding
· 736,300oz of gold sold during the year
· US$1,519/oz average realised gold price including effects of hedging
· Total cash costs of production for the year are expected to be in line with the Company's guidance (c.US$1,000/oz)
· As part of its debt reduction strategy, US$69.5 million in principal amount of the 4% Guaranteed Convertible Bonds due 2015 (the "Convertible Bonds") were purchased and cancelled by the Group in Q4 2013 resulting in US$310.5 million remaining outstanding
· Unaudited net debt of c.US$945 million as of 31 December 2013, ahead of target and down 11% year-on-year ("yoy") due to continued strong net operating cash flows and decreased capital spending
· An increase in resources in accordance with the Russian Classification System to support consistent non-refractory production until 2019. These resources are located in proximity to the Group's operational mines

2014 Guidance

· 625,000oz forecast production (the decrease yoy is partially due to the disposal of high-cost alluvial assets in 2013)
· Outstanding forward sales contracts of 279,100oz at a gold price of US$1,429/oz as at 31 December 2013. Subsequent to 31 December 2013, the Group entered into gold forward sale contracts to sell a further 65,115oz at US$1,250/oz. These contracts all mature in 2014
· Continued reduction in cash costs, capital expenditure and net debt:
o Forecast 5% reduction in total cash costs for hard-rock production to c.US$950/oz
o Forecast 68% reduction in development and maintenance expenditure to US$60 million
o Forecast 27% reduction in exploration expenditure to US$34 million

Strategic Review

· Implementation of a previously announced plan of strategic development providing for a significant unit cost reduction for 2015-2019. With some yoy variations, estimated total cash costs are forecast to be less than US$750/oz for hard-rock production (assuming 2013 prices and foreign exchange rates)
· The Group continues to review refinancing options in relation to the Convertible Bonds
· Further exploration programme planned, aiming to upgrade 5.7Moz of non-refractory resources reported in accordance with the Russian Classification System into JORC-compliant Ore Reserve category
· An exploration report and a new JORC Mineral Resource and Ore Reserve statement are planned for publication in Q1 2014

I wonder if this has now started to turn the corner. Seems to have bumped along the bottom for a while, but starting to turn positive. No news recently.

I 'kin hope so!

Likewise skinny, sp has moved up with the gold price.
2517

i see no reason at all to jump on board, and any rise MAY be just a few bears closing their very profitable positions

Petropavlovsk plans to cut output in 2014 - ex Reuters