25th Feb 2005 07:00
Peter Hambro Mining PLC25 February 2005 25th February 2005 COLLABORATION WITH POLUS AT BAMSKOYE Peter Hambro Mining Plc notes the announcement by ZAO Polus, the gold mining armof OJSC MMC Norilsk Nickel, of its success in the auction of the Bamskoye golddeposit in the Amur Region of Russia's Far East and its intention to collaboratewith Peter Hambro Mining Plc in the exploration and development of the deposit. Peter Hambro Mining Group welcomes the opportunity of working with Polus atBamskoye and the arrival of Russia's largest gold producer in the Amur Regionwhere it is the largest producer. Peter Hambro, Chairman of Peter Hambro Mining Plc, commented:"I am delighted that our friends from Polus have recognised the gold miningopportunities within the Amur Region and look forward to working with them atBamskoye." Enquiries: Alya Samokhvalova Peter Hambro Mining Plc +44 (0) 20 7201 8900 Tom Randell Merlin +44 (0) 20 7653 6620 Further details regarding the location of the assets can be found on the Group'swebsite at: www.peterhambro.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
POG.L