Based on RosBusinessConsulting publications.

Apparently, Highland Gold Mining Ltd will have to borrow again in order to buy the property rented by CJSC Mnogovershinnoe from Khabarovsk region.

On September 16 the authorities of Khabarovsk region are holding an auction for the part of precious metals mining property complex of Mnogovershinnoe deposit selling. CJSC Mnogovershinnoe, the owner of the licence announced its intention to participate in the auction. 100% of the company belong to Highland Gold Mining Ltd.