Peter Hambro ousted from his gold mining company Petropavlovsk

June 22, 2017

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Shareholders voted for four new board members at Russian-focused gold miner Petropavlovsk on Thursday, ousting Peter Hambro who has run the company since he founded it in 1994.

Rebel shareholders, holding around 40% of the company, backed nominees to replace four out of six of the board at Petropavlovsk, including Hambro, Hambro said.

Category: General