- Russia-focused Trans-Siberian Gold increased its final dividend after higher production helped boost its revenue.

Pre-tax profit for the year through December fell 26% to $12.6m because the company had benefited from an inventory impairment reversal in the previous year.

Revenue rose 5.5% to $63.1m amid a 3.2% rise in production to 43,479 ounces.

Trans-Siberian Gold declared a final dividend of $0.023 per share, up from $0.009 on-year.

The company said Covid-19 was having a limited impact on operations in 2020 to date, with production uninterrupted.

It reiterated its full-year 2020 gold production guidance of 38,000-to-42,000 ounces.

At 9:27am: [LON:TSG] TransSiberian Gold PLC share price was -5p at 81.5p

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