PRECIOUS METALS

Highland Gold to pay 5p dividend on rising profit

Russia-focused gold producer Highland Gold Mining has approved a dividend of 5p a share following profit and production increases in the first half of 2019. The company has also restructured its debt, which increased over the period.

Highland Gold said production would likely increase in H2

Highland Gold said production would likely increase in H2

"Highland Gold achieved solid half-year financial performance, buoyed by stable gold prices and a weaker rouble, despite higher maintenance capex for replacing older equipment due to the extension of life...

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