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Gold production decreased in Russia
The decline in gold production in Russia amounted to 3,5% in the first half of the year. From January to June, the volume was 141 tons.
As the NEDRADV with reference to the data of the Union of Gold Producers, the reduction in indicators is not critical. There is a possibility of an increase in production in the second half of the year.
During the reporting period, subsoil users received 112,61 tons of gold, 7,42 tons were produced by the enterprise in the process of associated production. Almost 15,5 tons of gold were recovered from scrap and waste processing. Production in concentrates decreased by 29,5% to 5,91 tonnes.
Polyus became the leader among all gold mining companies with the result of 39,28 tons of precious metal. Polymetal also maintained its position in the ranking, despite an almost 3% decrease in the indicator - to 14,59 tons. Gold production by Petropavlovsk enterprises for six months decreased by 39,1%.
According to forecasts, the production of gold by Russian enterprises by the end of the current year will increase by 0,7%, to 366 tons. At the end of 2020, gold production in Russia amounted to 362,7 tons.