Petropavlovsk unveils 11 percent rise in ore reserves

Petropavlovsk, the Russian gold miner, has increased its proven and probable ore reserves by 11 percent, as at January 1st 2012.

Petropavlovsk, the Russian gold miner, has increased its proven and probable ore reserves by 11 percent, as at January 1st 2012.

The reserves increased from around 9.1m oz at an average grade of 1.17g per tonne gold to around 10.2m oz at an average grade of 1.13g/t gold.

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