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Rouble negates costs for Highland

Russia-focused gold miner Highland Gold (AIM:HGM) has broadly delivered on expected numbers for its financial year 2017, with a rouble under pressure making up for creeping cost inflation to leave the dividend unchanged against consensus.

Staff reporter
A softening rouble has helped limit the affect of rising costs for Highland Gold

A softening rouble has helped limit the affect of rising costs for Highland Gold

As previously reported, production for the year was 272,000 ounces at a cash cost of US$507 per ounce, slightly higher than anticipated. Revenue was up a little against expectations at US$316 million,...

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