Highland Gold Mining Limited announced the signing of an agreement on acquiring Kazzinc’s 48.3 percent share of Novoshirokinsk Mine for $110 million. The transaction is expected to be completed by the end of this year after the approval of the Russian Antimonopoly Department is obtained.

Metallurgists have presented a new project within the programme for accelerated industrial and innovative development in the town of Ridder. The plant can process low-enriched ores in an environmentally friendly way. Rich ore reserves are shrinking