The gold output of the gold mining company Nordgold, controlled by the Russian businessman Alexei Mordashov, rose by 12% QoQ, to 288,900 ounces in July-September, the company said in a statement on November 13.
The average price of gold sales increased by 12%, to $1,474 per ounce in the period.
In January-September the company’s gold production grew by 12% YoY, to 759,600 ounces. The average price of gold sales increased by 7%, to $1,371 per ounce. (Prime/Ukrainian metal)