The company said this approval opens the way for the second stage of development of the Belaya Gora project.
First phase mining at Belaya Gora was commenced in November last year with delivery of select oxide ore to the processing facility at the company’s Mnogovershinnoye operation.
Highland Gold said progressing to the critical second stage of construction underpins its plan to launch the stand-alone gold processing plant at Belaya Gora during the fourth quarter of 2012.
The State Committee on Reserves of the Russian Federation (GKZ) registered 820,000 oz of C1+C2 reserves at Belaya Gora in July 2009.
