HGM.L Share News (HGM)

Friday broker round-up UPDATE

African Barrick Gold: Numis raises target price from 170p to 260p and upgrades from sell to hold. Antofagasta: Numis downgrades from hold to reduce with a target price of 700p. Ashmore Group: Jefferies ups target price from 375p to 400p and keeps a buy recommendation. JP Morgan lowers target price

Highland Gold Mining's second-half production rises

Highland Gold Mining's production rose eight per cent to a record 233,696 ounces of gold in 2013 following a strong second half. In a trading update for the six months ended December 31st 2013, the company reported an increase in gold production at Russian mines including Mnogovershinnoye and Novo

Highland Gold Sees Strong Gold Production In 2013

LONDON (Alliance News) - Highland Gold Mining Ltd Wednesday said its gold production increased in 2013 following increased volumes, upgrades and a new plant coming into operation. The exploration-and-development gold mining company, co-owned by Russian billionaire Roman Abramovich with oper

UK MORNING BRIEFING: Shares Open Higher; Shell Sells Brazil Stake

LONDON (Alliance News) - Shares have opened higher Wednesday, as fears about emerging market economies has eased ahead of the results of the January US Federal Reserve meeting.

Royal Dutch Shell has announced another asset sale, this time 23% of its Brazilian offsho

Russia's Highland Gold sees higher output in 2014

MOSCOW, Jan 29 (Reuters) - Russian miner Highland Gold plans to increase production to between 300,000 and 320,000 troy ounces of gold and gold equivalent in 2014, due mostly to growth at its mine in Russia's far east, it said in a statement on Wednesday. The company, partly owned by tycoo

Monday broker round-up UPDATE

Admiral Group: Canaccord Genuity raises target price from 1160p to 1400p and upgrades to hold. African Barrick Gold: Westhouse Securities lowers target price from 170p to 160p and downgrades to sell. Alkane Energy: Liberum Capital downgrades to hold with a target price of 44p. Allocate Software:

Highland Gold Pretax Profits Halve On Commodity Price Woes

Russia's Highland Gold says H1 net profit down 65 pct

MOSCOW, Sept 18 (Reuters) - Russian gold miner Highland Gold said on Wednesday first-half net profit fell by almost 65 percent year on year to $17 million due to a steep fall in the gold price. Gold, which has seen its sharpest drop in price in a generation, currently trades around $1,300

Sunday share tips: Vedanta, Highland Gold, Barratt

The Telegraph's Questor column said buy Vedanta. The natural resources group has completed a restructure that could bring $200m of tax savings. Analysts at Liberum Capital also think the fall in the value of the Indian rupee could boost EBITDA by $455m if the decline persists to the end of the year.

Russia's Highland Gold confirms full-year output target

MOSCOW, Aug 12 (Reuters) - Russian gold miner Highland Gold is on track to meet its full-year production target, the company said on Monday after posting a rise in first-half output. The company said it expects gold and gold equivalent production - a measure of gold and other metals expres

Highland Gold Chairman spends big after recent share-price weakness

The Non-Executive Chairman of Russia-focused resources group Highland Gold Mining invested over one million pounds in the firm one day after the stock reached a 52-week low. As has been the case with the wider mining sector, the share price has suffered since the start of the year as commodity pric

Wednesday broker round-up UPDATE

Archipelago Resources: Canaccord Genuity lowers target price from 75p to 68p keeping a buy recommendation. ARM Holdings: Morgan Stanley ups target price from 911p to 925p maintaining an equal-weight rating. Deutsche Bank takes target price from 445p to 460p, but still recommends selling. Citigroup

STOCKS NEWS EUROPE-UK small caps Climb 0.1 pct at midday

UK small caps are 0.1 percent higher at mid-session, compared to gains of around 1 percent on both the mid-caps and the blue chips . Highland Gold rises 5 percent after the Russia-focused miner posts an 18.5 percent increase in 2012 net profit to $123 million, thanks to rising gold sales.Read more

Highland Gold Mining commissions plant components at Belaya Gora

AIM-listed Highland Gold Mining has reported that conveyance, screening and milling construction works at its new stand-alone processing facility at Belaya Gora have been concluded successfully. The company said that it had initiated the commissioning of the plant component installations and would

Wednesday broker round-up UPDATE

Aggreko: Credit Suisse takes target price from 1850p to 2000p staying with its neutral rating. Andor Technology: Investec ups target price from 500p to 525p reiterating a buy recommendation. AngloAmerican: Credit Suisse cuts target price from 2100p to 1900p and reiterates a neutral rating. Antofa