Russia: Buryatzoloto losses at 437 million rubles in January-September 2017
In January-September Buryatzoloto received 437 million rubles of losses as opposed to 870 million rubles of net profit in January-September 2016. In Q3 revenue dropped by 2.5 billion rubles, or by 38.6% YoY, to 4.04 billion rubles. Buryatzoloto is the largest gold manufacturer in the Republic of Buryatia. Last year it produced 98 thousand ounces…