New CEO has plenty of work to do to restore trust in gold miner's performance
Appointment part of new management's quest for credibility
Gold M&A wave continues.
Highland raises US$15 million via sale and retains upside with royalty.
First Quantum Minerals and Centamin among targets
Gold production was up in Q4 but down for the year as a whole.
The three companies are each expanding production and anticipate further growth next year.
And a two-way pull at Highland Gold
Russia-focused gold producer Highland Gold Mining has approved a dividend of 5p per share.
Construction due to begin in March, production by end-2021
Full year 265,000-275,000oz guidance affirmed
Valunisty mine to become company's fourth operating mine