A boardroom battle for control of Russian gold miner Petropavlovsk should not have an impact on the company’s performance and so far has not affected its operations, the group’s chief executive said on Thursday.
Petropavlovsk, which has a history of such conflicts is embroiled in another stand-off between a group of shareholders that voted out half of its directors last month, and the old board, which challenged the validity of the vote.
"There is no reason that any operations should be affected. The management at the moment, is still the same management which brought the company to success," CEO Alya Samokhvalova told Reuters.