Highland Gold Mining is a gold producer. Co. is engaged in building a portfolio of gold mining operations within the Russian Federation and Kyrgyzstan. Co.'s reportable segments include: gold production, which comprises two operating segments, namely Mnogovershinnoye and Belaya Gora, where both have similar economic characteristics; polymetallic concentrate production, which namely ovoshirokinskoye, is analysed by management separately due to the fact that the nature of its activities differs from the gold production process; and development and exploration, which contains entities which hold licenses in the development and exploration stage, and related service entities.
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