Analysis of the global market, liquidity, supply and demand, gold as a monetary asset. Market news and reports

www.marketintelligence.gold.org

Hello, you either have JavaScript turned off or an old version of Adobe's Flash Player. Get the latest Flash player.

Gold

Highland Gold Mining announces 20 year development license > Gold News > World Gold Council, gold market information and intelligence

 

Highland Gold Mining announces 20 year development license

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Friday, 2nd July 2004 (4092 views)

Russia's Highland Gold Mining enterprises has revealed it is to get a 20-year license to develop fields in Talatui and Novo-Shirokinskoe in the Chita region.<BR/><BR/>Under the licenses the company will be able to develop the gold deposit at Talatui and the gold and complex ore deposit in Novo-Shirokinskoe, according to Gateway to Russia.<BR/><BR/>According to the mining firm its two enterprises Darasunsky Rudnik and Novoshirokinsky Rudnik will be issued the licenses by Russia's Natural Resource Ministry.<BR/><BR/>Reportedly Talatui has 37.5 tonnes of gold reserves and Novo-Shirokinskoe has 31.1 tonnes in operating reserves, with geological reserves of 55.9 tonnes.<BR/><BR/>A feasibility study of the field is due for completion in November this year.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=2946327"/>

 

« Back to Gold News stories

 

Gold News Archive:

 
 

Search

Search our gold investment information.

  • Gold Spot Price
  • Bid: $1150.80
  • Ask: $1151.60
  • Last Update: 22:16 GMT
© 2009 World Gold Council - all rights reserved. Produced and managed by CFP Group.