Petropavlovsk PLC (LSE:POG) is in talks with two potential buyers of its assets, the gold miner said in a statement. The company has in light of difficulties servicing its debt and selling gold engaged advisers to assist the board in exploring a sale of the company's entire interests in its operating subsidiaries. "The company has received an offer from one party to acquire and a proposal from another party expressing an interest in the acquisition of those subsidiaries. Discussions with both parties are ongoing. There can be no certainty that either will result in a sale and it is highly unlikely that there will be any return to shareholders given the level of the Group's indebtedness," the miner said.