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| 10 Sep 2003 |
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Highland Gold confirms MNV asset position
On 11 August 2003 the Board of Highland Gold announced that it intended to participate in the auction for certain fixed assets at its principal operating mine, MNV, which are currently leased from the Khabarovsk Administration. The Board wishes to further clarify the Company’s position ahead of the auction on 16 September 2003. |
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| 4 Sep 2003 |
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Agreement to acquire the Mayskoye Gold Project
The Board of Highland Gold Mining Limited today announces that its subsidiary Stanmix Holding Limited has entered into a conditional agreement with Deerfield Universal Inc to acquire a 100% interest in JSC Mayskoye, the holder of the licence for the high grade Mayskoye gold deposit in the Chukotka region of North East Russia, for a total consideration of US$34.9 million. On completion, the acquisition will increase the Group’s total gold reserves to 5.8 million ounces (B and C1 under the Russian classification system) and B, C1 and C2 resources to 16.9 million ounces of gold and gold equivalents. |
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| 11 Aug 2003 |
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Update on MNV fixed assets
The Board of Highland Gold Mining Limited notes the announcement made yesterday by the Government of the Khabarovsk region relating to the privatisation of the freehold of certain immovable fixed assets and other plant and equipment at MNV, the Group's operating mine. |
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| 5 Aug 2003 |
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Trading Update
The Board of Highland Gold Mining Limited today issues the following trading update ahead of the Company's interim results for the six month period ended 30 June 2003, which the Board expects to announce in mid-September 2003. |
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| 28 Jul 2003 |
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Acquisition of certain fixed assets at Mnogovershinnoe
As announced on 4 July 2003, the Board of Highland Gold Mining Limited ("Highland Gold" or the "Company") has been in discussions with representatives of the Khabarovsk regional administration regarding the acquisition of certain fixed assets at Mnogovershinnoe, the Company's principal operating mine. |
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