Highland Gold

HGM increases resources by 14% due to geologic exploration activities and new assets

As of December 31, 2018, British gold mining company Highland Gold Mining (HGM, manages assets of Russdragmet) increased total mineral resources under JORC to 19.6 million ounces of gold.

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In Q1, HGM increased production by 21%

Since the beginning of the year, Highland Gold Mining Ltd (HGM, Russdragmet) increased gold production by 21% year-on-year to 71 961 ounces.

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In 2018 the Khabarovsk Region produces 24.8 tons of gold - a record.

Last year the enterprises of the Khabarovsk Region, according to updated data, produced 24.8 tons of gold, growth occurred due to the commissioning of new capacities, the regional government report

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HGM at the first stage to expand the Novo-Shirokinsk mine to 830 thousand tons.

The modernization of the mining enterprise in Transbaikalia is designed to expand to 1.3 million tons.

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In 2018 HGM reduces its net profit by 15%.

Within the reporting period the company reduced its productivity by 1%.

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HGM delays the entry of Kekura for two years.

The manual refers to the difficulties in logistics.

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Gold mining in Russia in 2018.

By the end of 2018 Russian enterprises produced 331.8 tons of gold mined and received as a result of by-production, including processing of scrap and wastes, as well as in concentrates - approximat

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REVIEW: Shares of companies of the Russian Federation have changed in different directions.

The price of gold in the period from March 1 to March 15 fell by 0.6% to 1303.5 dollars per ounce, silver - by 1.3% to 15.36 dollars per ounce.

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Union of Gold Producers: In 2018, Russia increased gold production by 4%

In 2018, Russian enterprises produced 331.8 tons of gold, mined and obtained as a result of associated production, including processing of scrap metal and waste, as well as in concentrates, this is

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REVIEW: Shares of gold mining companies of the Russian Federation increase.

The price of gold in the period from February 15 to February 22 increased by 1.1% to $1,331.25 per ounce, silver - by 1.5% to 15.91 dollars per ounce.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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