Highland cleared to proceed with ‘significant’ Russian gold development

Aim-listed Highland Gold has been given approval to develop its Kekura gold deposit, in the Chukotka region of Russia’s Far East, in accordance with legislation dealing with deposits of “federal significance”. The Kekura deposit, which has an estimated Joint Ore Reserves Committee-compliant reserve of 1.7-million ounces of gold, is designated as a significant project, which required Highland to apply for special dispensation to begin mining at the site.