- Trans-Siberian Gold posted a 29% rise in second-quarter revenue on-year as it produced more gold and silver.

Revenue for the three months through June rose to $12m, as gold drone production rose 39% to 9,260 ounces.

Chief executive Alexander Dorogov said the company was addressing the challenge of high levels of underground water, partly via senior operational management changes.

'Our production guidance remains unchanged,' Dorogov said.

'We expect the enhanced underground pumping facilities to be complete next month and continue to watch costs closely and seek efficiencies where possible.'

At 2:14pm: [LON:TSG] TransSiberian Gold PLC share price was -2p at 33p

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