The Ukrainian Metal

Russia: gold output up in January 2019

Russia’s gold output rose by 13.8% YoY, to 17.84 tons in January, the Finance Ministry said on March 27 citing the data on supplies to the refining plants.

Mined gold output rose by 15.1%, to 14.11 tons, while by-product gold output increased by 40%, to 1.26 tons, but gold scrap production fell by 0.8%, to 2.47 tons.

Russia’s silver output decreased by 32.1%, to 66,500 tons. Primary silver production fell by 9%, to 32.47 tons, while by-product silver output increased by 15.2%, to 20.53 tons, but production of silver scrap fell by 70%, to 13.5 tons. (Prime/Ukrainian metal)

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