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Petropavlovsk Rises to Two-Month High as Gold Output Gains
Jul. 21, 2011 02:38PM PST
Precious Metals Investing
Bloomberg reported that increases to Petropavlovsk’s gold production (LON:POG) pushed shares to their highest level in two months.
Bloomberg reported that increases to Petropavlovsk’s gold production (LON:POG) pushed shares to their highest level in two months.
The market news is quoted as saying:
Petropavlovsk rose 2.4 percent to 842 pence as of 4:30 p.m. local time, the highest closing price since May 11. So-called attributable gold output climbed to 143,700 ounces from 100,700 ounces a year earlier, the company said today in a statement.