Russia's Petropavlovsk sees 2014 gold output down

Thu, 23 Jan - 5:18pm

MOSCOW, Jan 23 (Reuters) - Russia-focused gold miner Petropavlovsk said on Thursday it expects its 2014 gold production to decline to 625,000 troy ounces from 741,200 ounces in 2013.

Its net debt fell 11 percent, year-on-year, to $945 million as of the end of December, the company added.

(Reporting by Polina Devitt; Editing by Douglas Busvine)

((Polina.Devitt@thomsonreuters.com)(+7 495 775 12 42)(Reuters Messaging: polina.devitt.reuters.com@reuters.net))

Keywords: RUSSIA PETROPAVLOVSK/

URN: 
urn:newsml:reuters.com:20140123:nWLB006TE:9
Topics: 
CISC RES GB EEU EUROP CMPNY PREC MINE ASIA EMRG LEN RTRS RU BACT MIN GDM WEU RESF BMAT MTAL EUROPE CEEU

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