Russia's Petropavlovsk sees 2014 gold output down

MOSCOW Thu Jan 23, 2014 2:18am EST

MOSCOW Jan 23 (Reuters) - Russia-focused gold miner Petropavlovsk said on Thursday it expects its 2014 gold production to decline to 625,000 troy ounces from 741,200 ounces in 2013.

Its net debt fell 11 percent, year-on-year, to $945 million as of the end of December, the company added.