Russian President Vladimir Putin has given final approval to a major corporate move: the agreement to acquire full ownership of Highland Gold Mining Limited, consolidating 100 percent of its mining shares. The official decree announcing this step was published on Russia’s official legal information portal, signaling a formal state endorsement of the deal and its implications for the national mining sector.
According to the decree, the government authorizes the purchase of all the shares of the international company Highland Gold Joint Stock Company, which are presently owned by Highland Gold Mining Limited. This move completes the transfer of full control over the mining entity from one parent organization to another within the same corporate group, under the regulatory framework established by the decree and subject to applicable Russian laws and oversight.
Highland Gold Mining Limited operates through its subsidiaries and holds mining assets across multiple regions. The company currently engages in gold mining activities in the Khabarovsk, Kamchatka, and Transbaikal regions, as well as in the Chukotka Autonomous Okrug. In addition to its operations within Russia, the group maintains interests in assets located in Kyrgyzstan, reflecting a diversified geographic footprint in the mineral resources sector.
Analysts note that the decree mentions forthcoming intra-group restructurings aligned with the regulation governing this purchase. The planned reorganizations are expected to occur within the entities under Highland Gold’s umbrella and are designed to streamline corporate governance, optimize resource allocation, and ensure compliance with regulatory requirements across jurisdictions. [Attribution: Kremlin press office]
In related policy actions, the administration has indicated a broader agenda to support education and research. Previously, authorities instructed the government, in coordination with the Presidential Administration, to develop a scholarship program offering 30,000 rubles per month for students pursuing priority specializations. The objective is to strengthen talent pipelines in fields deemed strategically important for national development. [Attribution: Official government briefings]
Observers recall that Putin has already established selective scholarships for researchers in scientific and technical domains, reinforcing a policy stance that links resource development with investments in human capital and innovation. These measures reflect a broader emphasis on sustaining Russia’s competitive position in science, technology, and natural resource industries, while also signaling continued government involvement in strategic economic sectors. [Attribution: State council communications]