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IPMI and Industry News: Industry News

Russia Building Gold Production

Wednesday, February 14, 2018  
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Russia may now be World No. 2 Gold Miner

Chinese gold production is dropping – the latest figure from the China Gold Association suggests a fall to 426.14 tonnes in 2017 (down just over 6%) – while gold output in Russia grew sharply n 2017, also by just over 6%, to 306.9 tonnes according to that nation’s finance ministry.  Russia has been vying with Australia as the world’s No. 2 gold miner with the latter holding a small advantage, at least up until last year. - Sharps Pixley 02/14/2018

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