Largest shareholder of Petropavlovsk gold mining team sued company

The Mining Company “Yuzhuralzoloto Group of Companies” (SGK), which is the largest shareholder of Petropavlovsk gold mining company, filed on it due to the proposed sale of 29.9 percent of shares of the Hong Kong IRC iron ore company, the Petropavlovsk report says, which leads the TASS.

Earlier, the UGK leadership stated that the sale of shares in the IRC is not in the field of business interests Petropavlovsk, in connection with which he opposed this transaction.

Earlier it became known that Russian gold miners earned and rogues thanks to the coronavirus pandemic, during which world prices for the precious metal were held at a steadily high level. Among Russian companies, the largest increase in prices was recorded under transactions with Petropavlovsk (by 30 percent) and “Seligdar” (29 percent), the smallest – at GV Gold (24 percent).

/Media reports.