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Hambro: Now let’s settle this bitter feud over my gold mining giant – This is Money
Gold mining veteran Peter Hambro has launched an emotional plea to private shareholders, urging them to intervene after the board of the company he created 26 years ago was ousted.
Gold mining veteran Peter Hambro has launched an emotional plea to private shareholders, urging them to intervene after the board of the company he created 26 years ago was ousted.
He said a vote this week is an opportunity for ‘properly informed’ shareholders to decide the future of Petropavlovsk, worth £1.3billion, after a shock vote in June ejected seven directors.
Canadian pension fund Prosperity, with around a fifth of the shares, has put forward a proposal to reinstate Hambro’s co-founde…
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