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Peter Hambro Mining (POG)

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Friday 19 December, 2008

Peter Hambro Mining

Inclusion in FTSE Gold Mines

RNS Number : 4452K
Peter Hambro Mining PLC
19 December 2008
 




19 December 2008

 

Peter Hambro Mining plc included in prestigious

FTSE Gold Mines Index of the world's leading gold miners

 

Peter Hambro Mining plc (the "Company") has, as of today, been included in the FTSE Gold Mines Index (the "Index") of the world's leading gold mining companies.

 

Inclusion in the Index is conditional predominantly upon achieving a sustained production level of in excess of 300,000 ounces per annum, and receiving the majority of its revenue from the sale of gold as opposed to other metals.

 

The FTSE Gold Mines Index now constitutes the top 18 gold-focussed companies in the world, with a combined production level of around 34 million ounces, representing 32% of the world gold production of 107 million ounces (World Gold Council Gold Demand Trends, November 2008, annualised estimate).

 

Executive Chairman, Peter Hambro, said " We are very pleased to be recognised as one of a select group of leading gold producers in the world, as part of a highly esteemed peer group, and we expect our strong growth profile to cement our position in this historic index".


Enquiries:

Peter Hambro Mining Plc

Alya Samokhvalova 


JPMorgan Cazenove


Ian Hannam / Patrick Magee  


+44 (0) 20 7201 8900


+44 (0) 20 7155 2828

Merlin

David Simonson / Tom Randell / Maria Suleymanova


+44 (0) 20 7653 6620



This information is provided by RNS
The company news service from the London Stock Exchange
 
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