Russian miner Petropavlovsk gets repayment notice from lender Gazprombank

Russian miner Petropavlovsk gets repayment notice from lender Gazprombank
Petropavlovsk Plc Image Credit: Wikipedia

Gold miner Petropavlovsk Plc said on Wednesday it had received notices from its banking partner Gazprombank for immediate repayment of about $201 million due under a term facility agreement.

The miner said it was considering the implications of the notices as Gazprombank is currently facing UK sanctions following Russia's invasion of Ukraine.

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