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Highland Gold Mining's second-half production rises

Wed, 29th Jan 2014 10:59

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 Novoshirokinskoye.During the second half the company achieved first gold poured from the Belaya Gora mine after completing plant construction, ramp-up and tests.As a result, total production for the year through December 2014 is expected to increase to between 300,000 to 320,000 ounces of gold and gold equivalents.Shares fell 0.81% to 61p at 11:17 on Wednesday.RD
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23 Apr 2014 15:04

Highland Gold impresses as lower costs boost earnings

AIM-listed Highland Gold Mining has recommended a final dividend of 2.5p per share, making a total distribution of 5p for calendar 2013. The Russia-focused group said production rose 8% to a record 233,696 oz of gold and gold equivalents from its three mines, while the group resource was increased

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23 Apr 2014 12:10

Highland Gold Pretax Profit Halves In 2013 On Weak Gold Price

LONDON (Alliance News) - Highland Gold Mining Ltd Wednesday said its pretax profit almost halved in 2013 as increased production could not offset falls in the price of gold during the period. The exploration-and-development gold mining company, co-owned by Russian billionaire Roman Abramovi

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