Total production rises for Highland Gold
27th Jan 2016 14:29
(ShareCast News) - Total gold production was up at Highland Gold in 2015, though lower than expected grades resulted in some disappointments, according to a trading update from the company on Wednesday. The AIM-traded mining firm saw total production at Mnogovershinnoye, Novoshirokinskoye and Belaya
Read moreHighland Gold slashes interim dividend as profit plunges on lower gold prices
23rd Sep 2015 14:41
(ShareCast News) - Highland Gold Mining posted a sharp fall in interim profit, as higher sales and lower costs failed to offset a decline in gold prices. In the first six months of 2015, the Russia-focused miner posted a 43.5% year-on-year decline in pre-tax profit to $16.6m (£10.88m), while revenue
Read moreSector movers: Risk aversion lifts gold and silver miners
6th Jan 2015 14:42
An aversion to risk was benefitting gold and silver stocks on Tuesday in London as precious metal prices advanced amid macro concerns and equity-market volatility. A flight to safety was lifting the price of both gold and silver, with the former rising for the third consecutive day - its longest win
Read moreThursday broker round-up UPDATE
9th Oct 2014 09:27
African Barrick Gold: Numis reduces target price from 330p to 270p keeping its hold recommendation. Antofagasta: Numis upgrades to hold with a target price of 700p. Aureus Mining: Numis lowers target price from 45p to 40p staying with its buy recommendation. Boohoo: Barclays initiates with a targe
Read moreTuesday broker round-up UPDATE
23rd Sep 2014 09:36
AVEVA: JP Morgan reduces target price from 2450p to 1825p, while leaving its overweight rating unchanged. African Minerals: Credit Suisse reduces target price from 120p to 25p, while leaving its neutral rating unchanged. Aviva: Goldman Sachs ups target price from 490p to 515p and reiterates a neutr
Read moreHighland Gold Mining production up 14% in first half
12th Aug 2014 14:31
Highland Gold Mining's total production of gold and gold equivalents rose 13.7% in the first half of 2014. The firm maintained its full-year production guidance at 300,000 ounces of gold and gold equivalents, after production in the first half rose to 120,121 ounces. This includes the combined co
Read moreTuesday broker round-up UPDATE
12th Aug 2014 09:25
African Barrick Gold: Investec ups target price from 212p to 260p upgrading from sell to hold. Al Noor Hospotals: Jefferies cuts target price from 1155p to 1125p and maintains a buy recommendation. Aquarius Platinum: Citi shifts target price from 22p to 26p and keeps a neutral rating. BHP Billito
Read moreHighland Gold impresses as lower costs boost earnings
23rd Apr 2014 15:04
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
Read moreFriday broker round-up UPDATE
11th Apr 2014 08:49
African Barrick Gold: Numis raises target price from 170p to 260p and upgrades from sell to hold. Antofagasta: Numis downgrades from hold to reduce with a target price of 700p. Ashmore Group: Jefferies ups target price from 375p to 400p and keeps a buy recommendation. JP Morgan lowers target price
Read moreHighland Gold Mining's second-half production rises
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 Novo
Read moreMonday broker round-up UPDATE
20th Jan 2014 08:41
Admiral Group: Canaccord Genuity raises target price from 1160p to 1400p and upgrades to hold. African Barrick Gold: Westhouse Securities lowers target price from 170p to 160p and downgrades to sell. Alkane Energy: Liberum Capital downgrades to hold with a target price of 44p. Allocate Software:
Read moreSunday share tips: Vedanta, Highland Gold, Barratt
8th Sep 2013 20:13
The Telegraph's Questor column said buy Vedanta. The natural resources group has completed a restructure that could bring $200m of tax savings. Analysts at Liberum Capital also think the fall in the value of the Indian rupee could boost EBITDA by $455m if the decline persists to the end of the year.
Read moreHighland Gold Chairman spends big after recent share-price weakness
11th Jul 2013 16:27
The Non-Executive Chairman of Russia-focused resources group Highland Gold Mining invested over one million pounds in the firm one day after the stock reached a 52-week low. As has been the case with the wider mining sector, the share price has suffered since the start of the year as commodity pric
Read moreWednesday broker round-up UPDATE
24th Apr 2013 08:25
Archipelago Resources: Canaccord Genuity lowers target price from 75p to 68p keeping a buy recommendation. ARM Holdings: Morgan Stanley ups target price from 911p to 925p maintaining an equal-weight rating. Deutsche Bank takes target price from 445p to 460p, but still recommends selling. Citigroup
Read moreHighland Gold Mining commissions plant components at Belaya Gora
16th Apr 2013 08:23
AIM-listed Highland Gold Mining has reported that conveyance, screening and milling construction works at its new stand-alone processing facility at Belaya Gora have been concluded successfully. The company said that it had initiated the commissioning of the plant component installations and would
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