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24 Jun 2005
At the time of Highland Gold's full year results which were released to the market on 19 April 2005, Highland Gold advised the market of the severe weather conditions that had been experienced at its main operating mine, MNV, in the early part of 2005 and mechanical problems at Darasun encountered at commissioning. At the time, despite the short-term negative impact on production, the board expected that the shortfall experienced in the first part of the year would be made up later in the year.
19 May 2005
Highland Gold appoints new Chief Operating Officer
Highland Gold Mining Limited is pleased to announce the appointment of Mr. Scott Yelland to the position of Chief Operating Officer.
06 May 2005
Barrick Subscription in Highland Gold
Highland Gold Mining Limited ("Highland Gold") announces that it has today signed a subscription agreement with Barrick Gold Corporation ("Barrick") of Canada whereby Barrick will subscribe in cash for 11,377,937 new ordinary shares in Highland Gold at a price of 230 pence per new ordinary share. The subscription is conditional only on admission of the shares to trading on AIM. Following completion of the share subscription Barrick's shareholding, which is currently 13.7%, will increase to 20%.
19 Apr 2005
Highland Gold Mining Limited announces Preliminary Results for the twelve months to 31 December 2004
Gold production for 2004 was 199,896 ounces (MNV 195,026; Darasun 4,870)
07 Apr 2005
Highland Gold completes Rb 750m (US$26.8m) bond issue
Highland Gold Mining Ltd. (“Highland Gold”) and its wholly owned subsidiary Highland Gold Finance Limited announce the completion of the sale of rouble denominated bonds in the amount of Rb750,000,000 (US$26.8m).
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