Gold Output Falls in H1

By The Moscow Times

July 26, 2010

Russia’s total gold output, including byproduct, declined 3.5 percent in the first half to 74.66 metric tons from a year earlier, the Russian Gold Producers Union said Monday.

The amount of mined gold fell 5.1 percent to 63.5 tons, the union said in a statement. Mined gold rose 6.1 percent to about 19 tons in June, compared with a year earlier, led by Polyus Gold, Kinross Gold and Petropavlovsk, the union said.

(Bloomberg)

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