Millhouse buying 40% of Highland Gold for $400 mln

By Pete Southern in Gold and Oil News | December 4, 2007 15:00 |

LONDON. Dec 4 (Interfax) – Highland Gold Mining (HGM), a British company that produces gold in Russia, is placing $400 million in shares in favor of Millhouse LLC, which represents billionaire Roman Abramovich and his partners. Highland said in a Read More…

adding to last week’s 10% slump, on continued speculation that the producers’ cartel Opec would agree to increase output when it meets on Wednesday in Abu Dhabi.United States light crude futures fell by more than a dollar a barrel in busy trading to Read More…

Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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