Highland Gold ups gold output in equivalent 9.5% in H1

摘要

Britain's Highland Gold Mining, which works gold-ore deposits in Russia, increased its production of gold (in equivalent) by 9.5% year-on-year to 101,900 ounces in the first half of 2012, a company statement says.Highland reaffirmed its production guidance for this year: 200,000 to 215,000 oz (roughly 6.5 tonnes) of gold equivalent.Since this year began, the company has increased estimated total JORC resources by 16% to 12.9 million oz (through exploration and acquisition). In May, Highland, which also has assets in Kyrgyzstan (Unkurtash), noted 10% growth in the resource base to 12.2 million oz thanks to the Sarytube section in the Unkurtash project.