Putin authorized the purchase of 100% shares of Highland Gold – Kommersant
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Russian President Vladimir Putin approved a deal to purchase 100% of the shares of MKAO Highland Gold, part of the Highland Gold Mining Limited company, which mines precious metals. The order of the head of state was published on the official portal right information.
The President’s decision was made in accordance with the decree on special economic measures due to unfriendly actions of foreign countries.
The gold mining company Highland Gold Mining Limited appeared on the resource base of the Mnogovershinnoe enterprise in the Khabarovsk Territory in 2002. Since 2020, its general director is Vladislav Sviblov. In 2023, Mr. Sviblov and his company came under sanctions Great Britain And USA.
Now Russian gold miners, who have fallen under US sanctions, are restructuring their logistics. Read more about this in the material “Russian gold went on chains”.
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