HGM might increase precious metals output by 24.5% by 2014

Highland Gold Mining (Great Britain) by 2014 might increase the production of precious metals by 24.5% to 270 thousand ounces in gold equivalent (8.4 tons) against 2012, analysts of Sberbank CIB forecast.

The company has good perspective of income growth: the production in 2012-2014 might rise from 217 to 270 thousand ounces while the expenditure won’t almost change.

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