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Russia increases gold mining volumes


The volume of gold production in Russia increased by 1.8% to 291.2 tons at the end of 2020, representatives of the Ministry of Finance said. At the same time, the total volume of gold production decreased by 1%, to 340.2 tons.
The overall decline in production is attributable to a drop in the volumes of by-product and secondary gold. Thus, the output of by-product gold decreased by 8.7%, to 17.4 tons, whereas the production of secondary gold dropped by 17.9%, to 31.6 tons.
In 2019, the volume of gold production amounted to 286.1 tons, by-product gold - 19 tons, secondary gold - 38.5 tons.
The volume of silver mining last year decreased by 10.2%, to 438.4 tons, by-product silver - by 5.8%, to 319.1 tons. ....

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