Russia, Highland Gold
Highland Gold produced 261 thousand troy ounces (8.12 tons) of gold and gold equivalent in 2016 against 262.4 thousand troy ounces (8.16 tons) in 2015.
In 2016, Highland Gold produced 261 thousand troy ounces (8.12 tons) of gold and gold equivalent against 262.4 thousand troy ounces (8.16 tons) in 2015.
The Baleysky district of the Trans-Baikal region has again raised the question of depriving Taseevskoye (a part of Highland Gold Mining, HGM) of a license for the deposit of the same name, the join
Dow Jones reports that Highland Gold Mining Ltd has announced of the reduction of gold mining in Q3 by 11% to 63.096 thousand ounces of gold equivalent against 70.864 thousand ounces in Q3 2015.
By 2020, Highland Gold, which mines gold in Russia, expects to increase the production of precious metals almost two times to 500 thousand ounces (15.5 tons) due to the development of assets in Chu
In the first six months of 2016, Russian companies produced 116.873 tons of gold, mined and received through associated production, including processing of scrap metal and waste, as well as in conc
Highland Gold Mining Lt (HGM), which is in the top-10 largest gold mining companies of Russia, in Q2 2016 increased mining by 12% to 71.782 thousand ounces of gold equivalent.
Highland Gold, the largest shareholder of which is Roman Abramovich, wants to attract Chinese investors to the development of the Unkurtash deposit in Kyrgyzstan.
The project of the Baimskaya ore zone development (mining company Baimskaya, a part of Roman Abramovich's Millhouse), including the development of energy infrastructure, has claimed for state aid, the Governor of Chukotka Roman Kopin says.
"The project of the development of the Baimskaya ore zone’s deposits has been presented for selection as a priority project, implemented in the Far East, - said the head of Chukotka, speaking at the final board of the Ministry of Development of the Far East. - It includes an infrastructure project for the construction of the Bilibino - Omsukchan high-voltage transmission line, which essentially provides for the union of two systems: energy deficient system in a certain horizon of Chukotka and energy surplus system in the Magadan".
HIGHLAND GOLD MINING LIMITED
Kekura Resource and Reserve Estimate and Pre-Feasibility Study
19 May 2016
Highland Gold Mining Limited ("Highland Gold" or the "Company") announces results from a JORC (2012) compliant mineral resource and ore reserve estimate for the Kekura project reported in the framework of a pre-feasibility study (PFS) recently completed by international consultancy Wardell Armstrong International (WAI). The results corroborate the previously-announced Russian-compliant reserves (C1+C2 category) approved by regulators last year. An executive summary of the WAI (2016) report will be available shortly on the Company's website (www.highlandgold.com).