According to NBLsoloto, Highland Gold Company is facing difficulties at Mnogovershinnoe gold deposit. This year the production of the company is expected to decrease sharply due to the problems at Mnogovershonnoe gold ore deposit. Such an announcement was made by the company and after that its shares fell down by 22%. However, the management of the company is optimistic.

Highland Gold Mining Ltd. is one of Russian largest gold mining companies. It owns six deposits with total resources at 518 tons of gold. Last year Highland Gold mined 200 thou troy oz of gold.