Wed. Jan 29th, 2020

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Russia: Gold production increases over the first 9 months of 2019

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The Russian Federation of Gold Producers announced on Monday that,
according to preliminary results for the period January to September 2019,
Russian companies produced 268,638 tons of gold extracted and obtained
as a result of associated production, including processing of scrap and
waste. This is 10.92 percent higher than the same period in 2018.

also Moscow-Sputnik. According to the federation, the production of gold
extracted in the Russian Federation between January and September 2019
rose 9.6 percent, up to 213.518 tons, while production associated with non-ferrous metals reached 12.99 tons, an increase of 11.1 percent.

in addition 28.417 tons of gold were obtained after processing of scrap and
waste, up 13.2 percent, and gold production in the centers during the said
period increased by 30 percent to reach 13.713 tons.

The Gold Producers Association also confirms its updated forecast for 2019, where total gold production in Russia will grow by 6.1 percent, up to 350 tons by 2020, including 314 tons, an increase of 6.4 percent will be of primary metals, meaning mining 280 tons, The associated extraction is 17 tons and concentrates 17 tons.

” Syria News “

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