Highland Gold decreases capital expenses forecast-2013 by 29%
Edited by Rhod Mackenzie / 2013-09-19 06:30:49
The British company Highland Gold Mining (HGM, 32.6% belong to Millhouse of Roman Abramovich), which mines gold in Russia, has decreased its capital expenses forecast by 29.3% in the current year to $140 million as compared with plans, voiced in April ($198 million).
“Our capital expenses forecast in 2013 is $140 million,” – the company’s Financial Director Alla Baranovskaya reported during the phone conference.
