Highland Gold
 | |
| Industry | Metals and mining |
|---|---|
| Founded | 2002 |
| Headquarters | Russia |
Key people | Vladislav Sviblov |
| Revenue | US$500,4 million (Fiscal Year Ended December 31, 2021)[1] |
| US$171,2 million (Fiscal Year Ended December 31, 2021)[1] | |
Highland Gold (Highland Gold Mining Limited, HGML) is one of the leading gold miners in Russia and Central Asia. Mining operations are concentrated around four regional hubs — Khabarovsk, Transbaikalia, Kamchatka and Chukotka.
History[edit]
Highland Gold Mining Limited was incorporated in 2002.[2]
In 2003 Barrick Gold Corp, the world's largest gold producer, began to invest in HGML, gradually increasing its share to 34 %.[3] Later, Barrick Gold sold its stake, explaining that it was «non-core to Barrick's business operations and strategy».[4][5]
In 2007 more than 40 % of HGML were acquired by Millhouse LLC investment company owned by Roman Abramovich.[6] In July 2020 the purchase of 40,06 % of HGML shares from Abramovich and his business associates was announced by an entity controlled by Vladislav Sviblov.[7][8] By the end of 2020 Sviblov had bought out 100 % of HGML.[9]
In 2021 Highland Gold acquired the largest gold producer in Kamchatka — «Gold of Kamchatka»[10] along with Trans-Siberian Gold. By the end of 2021 the company completed the acquisition of the Kamchatka and Transbaikalia assets.
Management[edit]
Vladislav Sviblov has been CEO of Highland Gold since December 2020 (previously this position was held by Denis Alexandrov, Henry Horn, Dmitry Korobov).[11]
Operations[edit]
The company is focused on gold, silver and non-ferrous metals' mining. As of the beginning of 2022 HGML owns 11 operating mines in Transbaikalia, Khabarovsk, Kamchatka and Chukotka as well as 8 development projects and many exploration projects in these regions.[12]
References[edit]
- ^ a b Highland Gold на finmarket.ru
- ^ Роман и ребята: как работает команда миллиардера Абрамовича
- ^ Abramovich to spend £200m on Highland Gold
- ^ Один из крупнейших производителей золота продал последний актив в России
- ^ Barrick Gold дешево отделалась от Романа Абрамовича
- ^ Russia's Abramovich to buy 40 pct of Highland Gold
- ^ Абрамович с партнерами продаст долю в золотодобывающем активе за £437 млн
- ^ Roman Abramovich Sells Out in $1.4 Billion Gold Deal
- ^ Новый хозяин золота Абрамовича: кто покупает 40 % Highland Gold
- ^ Highland Gold buying Gold of Kamchatka
- ^ Глава Highland Gold Денис Александров уходит в отставку
- ^ Highland Gold консолидировала предприятия в Забайкалье и на Камчатке