Highland Gold reaffirms FY forecast

Russia-focused gold miner Highland Gold has reaffirmed its production forecast of 255 000 oz to 265 000 oz for 2017, after reporting higher first-half production. The Aim-listed company, which owns the Mnogovershinnoye (MNV), Novoshirokinskoye (Novo) and Belaya Gora operations, produced 131 784 oz of gold and gold equivalent in the first six months of the year, compared with 128 671 oz in the prior-year period.