Highland Gold Mining Ltd - link to home page
Search

News releases

If you would like to receive an alert when a new press release is added click here.

03 Sep 2004
Highland Gold Mining Limited today announces that it has made the decision to file registration with the Federal Commission for the Securities Market of the Russian Federation for the option to issue up to 750m roubles (US$26m) worth of bonds.
27 Aug 2004
Highland Gold Mining Limited will announce its interim results for the half-year ended 30 June 2004 on 21 September 2004.
19 Aug 2004
Highland Gold Mining Ltd, the AIM quoted gold producer, announces today that it has entered into a loan agreement between its subsidiary ZAO Mnogovershinnoye and Commerzbank (Eurasia) for a one-year $15-million loan at LIBOR + 3.5% per annum.
05 Jul 2004
  • H1 production of 96,986 oz compared to 90,133 oz in H1 2003, an increase of 8%, confirming on track to meet group full year target of 235,000 oz.
  • First step taken in development of additional growth area through award of two exploration licences in Chita Region.
  • Producing and development assets on track for 345,000 oz in 2005 (MNV, Darasun, Novoshirokinskoye).
  • Further progress in talks with banks on financing options.
28 Jun 2004
Highland Gold, the Russian gold producer, has been successful in an open tender for 20 year licences to operate the Talatui and Novoshirokinskoye gold deposits. Highland Gold acquired the assets at Talatui and Novoshirokinskoye in 2002 and has previously been relying on temporary licences whilst drawing up plans to bring these assets back into production. The sites are located in Chita, one of Russia's most promising gold producing regions. The licenses are awarded on the basis of technical and economic proposals and are expected to be formally issued by the Russia Federal Ministry of Natural Resources within the next few weeks.