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POG 5.47 -0.02 (-0.36%)
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Petropavlovsk Slumps as Goldman Halves Price Estimate on Costs
July 16 (Bloomberg) -- Petropavlovsk Plc, a London-listed producer of gold in Russia, retreated after Goldman Sachs Group Inc. almost halved its price estimate, citing rising costs and high leverage.
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FTSE CLOSE: Markets hold firm despite news of a shock 0.7% slump in UK GDP
17.20 (close): The London market held firm despite news of a shock 0.7 per cent slump in UK output today but the grim economic figures took their toll on the pound.
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European Stock Futures Decline on China, Greece Concern
BHP Billiton sank 2.8 percent to 1,765.5 pence. Petropavlovsk Plc, a producer of gold in Russia, retreated 4.1 percent to 383.9 pence.
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Regency Mines enters option deal for agromineral licences in Sudan
Regency Mines Plc is listed on the Alternative Investment Market (AIM: RGM) of the London Stock Exchange Ltd in London and on the Frankfurt Exchange (Frankfurt: RM4).
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