In 2012, Russia produced 226 tons of gold

In 2012, Russia produced 226 tons of gold, by 7% more than in 2011, the chief of Gold producers Union of Russia S. Kashuba says. Own extraction and production were 222 tons, gold concentrate yield were 4 tons. Secondary production is 8.5 tons.

If global gold price remains high then Russia can annually increase gold production by 5% until 2020. Major growth in production is provided by Polyus Gold and Polymetal.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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