Company Profile For Highland Gold Mining Limited
Highland Gold Mining Limited (HGM.L) (London Stock Exchange)
sector: Basic Materials ·
industry: Precious Metals & Minerals ·
Overview
Highland Gold Mining Limited (Highland Gold) was established for the principal activity of building a portfolio of gold mining operations within the Russian Federation. The Company operates in one principal area of activity, that of exploration and production of gold. During the year ended December 31, 2008, the Company’s main production site, Mnogovershinnoye (MNV), gold production was 158,885 ounce gold. The Company’s direct subsidiaries include Stanmix Ventures Limited, Stanmix Investments Limited (STIL), Stanmix Holding Limited (Stanmix) and Highland Exploration LLC.
Quick Financial Synopsis
BRIEF: For the fiscal year ended 31 December 2008, Highland Gold Mining Limited's revenues increased 34% to $150.4M. Net loss from continuing operations totaled from $226.3M vs. a profit of $17.5M. Revenues reflect an increase in turnover from the Company's operating activities. Net loss reflects an increase in cost of sales, higher administrative expenses, an increase in other expenses, the presence of impairement charge and an increase in foreign exchange loss.
Company Address
Highland Gold Mining Limited
26 New Street
St Helier
Jersey
Channel Islands JE2 3RA
P: +441534.814202
F: +441534.814815
26 New Street
St Helier
Jersey
Channel Islands JE2 3RA
P: +441534.814202
F: +441534.814815
Total Employees
3030
Find Out More About HGM.L
Market Update
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Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 78.15 | -0.37% | 11/26 09:26 IST |
| Gold | 1192.7 | +0.48% | 11/26 09:09 IST |
