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Highland Gold Mining matched production guidance in 2010 and thinks it will increase output by up to 10% this year. The company's three Russian mines - Mnogovershinnoye, Novoshirokinskoye and newly commissioned Belaya Gora - produced 200,028 ounces of gold and gold equivalents during the 12 months,
Read moreHighland Gold has started mining at its Belaya Gora open pit. Select oxide ores will be hauled to and processed as planned at the Mnogovershinnoye. This marks the initial production at Highland Gold's third producing mine. Oxford BioMedica has received approval from the US Food and Drug Administrat
Read moreRussian gold producer Highland Gold said half year net profit fell but gold and gold equivalents production is still on track to reach 200,000 to 210,000 ounces this year. Net profit from continuing operations fell to $23.3m in the half year ended 30 June 2010 from $39.6m the year before. Reve
Read moreLONDON (Dow Jones)--Highland Gold Mining Limited (HGM.LN), a gold exploration company announced Monday that exploration programs at its two properties, Unkurtash and Kassan, in Kyrgyzstan are progressing well and according to plan. MAIN FACTS: -The drilling program target of 17,000 meters in
Read moreLONDON (Dow Jones)--Highland Gold Mining Ltd (HGM.LN) said Monday it has acquired a license for exploration and mining rights for an area of 33 square kilometer, or km sq, surrounding the company's Belaya Gora deposit in the Khabarovsk region. MAIN FACTS: -The acquisition was made in an open
Read moreTIDMHGM RNS Number : 5069P Highland Gold Mining Limited 19 July 2010 ? HIGHLAND GOLD ACQUIRES EXPLORATION AND PRODUCTION RIGHTS FOR FLANKS OF ITS BELAYA GORA DEPOSIT 19 July 2010 - Highland Gold Mining Limited ("Highland Gold", or the "Company") is pleased to announce that the Company has acquired
Read moreRussian gold miner Highland Gold has bought a license for exploration and mining rights for the Blagodatnoye prospect in the Khabarovsk region. The company, part-owned by Russian billionaire Roman Abramovich, paid 3.25m roubles ($107,794) for Blagodatnoye which has a reported prognostic resource o
Read moreVideo surveillance technology company Quadnetics is settling down after a turbulent period marked by restructuring, and is expecting a strong second half after falling into the red at the interim stage. Loss before tax in the six months to 30 November 2009 was £0.19m, versus a profit the year befor
Read moreThe share price of Highland Gold has been flagging of late but it recovered its momentum on Tuesday after the Russian gold miner announced positive exploration results from its Mnogovershinnoye (MNV) and Lyubov properties. The company said further exploration at Valunistoye, just north of its MNV f
Read moreLondon's leading shares finished with slight gains but were well below earlier highs as miners eased back slightly. Eurasian Natural Resources, Lonmin, Xstrata and Vedanta Resources still posted healthy gains, while precious metals miners Fresnillo and Randgold Resources were also on the climb. R
Read moreShares drifted lower over the lunchtime session but are still up on the day, helped in no small part by the strength of miners, which are rising in line with firmer metals prices. Rio Tinto is wanted after it sold off another chunk of Alcan. The heavily indebted miner sold Alcan Composites, part of
Read moreMiners continue to lead the market higher as investors return to the market after yesterday's pause for breath. Rio Tinto is wanted after it sold off another chunk of Alcan. The heavily indebted miner sold Alcan Composites, part of the Alcan Engineered Products division, to Swiss firm Schweiter Tec
Read moreMining stocks are going well as metals prices resume their rally after a pause yesterday. Among the risers is the FTSE 100 giant Rio Tinto, which said today that it is to continue its selling spree by selling Alcan Composites, part of its Alcan Engineered Products division. Selling news also boo
Read moreRussian gold miner Highland Gold said profit soared 70% for the half year ended 30 June 2009. Profit for the period rose to US$38.1m from $22.4m the year before. Turnover increased to $78.8m from $76.5m. Mnogovershinnoye produced 78,421 oz of gold, up 14% from the first half of 2008 and Novoshiro
Read moreIP security systems provider IndigoVision said improving operating margins for the year will help operating profits for the year to finish "materially ahead" of market expectations. The group said it experienced strong sales, particularly in the final month. As a result, it estimates turnover for t
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