Friday, 22 October 2021 03:51 GMT

Russia’s gold output decreases marginally, silver production increases


(MENAFN) Russia’s Ministry of Finance stated that gold output in the country in the first half of the year fell by 1.9 percent against the corresponding period of 2020, reaching 135.51 tons.

The numbers are anchored in raw materials supply information from Russia’s refineries.

Output of mined gold in the cited period hit 112.61 tons, compared to 116.38 tons in the first six months of the past year, while output of by-product gold came in at 7.42 tons compared to 8.27 tons in 2020. Output of secondary gold in the first half of the year surged to 15.48 tons, against 13.45 tons this year.

In the meantime, silver output jumped in the reporting period by 1.8 percent, increasing to 445.18 tons, against 437.3 tons last year.


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