Highland Gold Profits Down 36% to $45 Mln

UK-based Highland Gold, owned by billionaire Roman Abramovich, posted a first half 2012 IFRS net profit of $45.09 million, down 36 percent year-on-year, the company said on Wednesday.

Revenues for the first half rose 2 percent to $161.45 million.

Highland Gold mines its gold in Russia.


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