Russia: gold exports up in January-April 2020

According to the Federal Customs Service, in January-April Russia exported 71.9 tons of gold, up 7.9-fold YoY, valued at $3.8 billion. Over 50% of all gold was exported in April – 41.8 tons ($2.2 billion), up 14-fold YoY. In particular, the UK bought 29.6 tons ($1.6 billion), Switzerland – 7.1 tons ($383 million) and Turkey…

Ukraine: scrap exports down in May 2020

In May, Ukraine exported 4.9 thousand tons of scrap valued at $1.2 million, down by 39.9% and by 52.3% YoY respectively. According to the customs statistics, in April Ukraine exported 256 tons of scrap valued at $101 thousand. In 5 months, exports decreased by 54.8%, to 16.5 thousand tons valued at $4.2 million, down by…

Ukraine: 2 mines cave-in in occupied Donbass

On June 7, rock caved-in at two mines in the so-called Donetsk People’s Republic, a terrorist organization created and supported by Russia. One person perished and another sustained injuries. One of the accidents happened at the Kholodnaya balka mine of the state enterprise Makeyevugol, while another at the Komsomolets Donbassa mine in the town of…

Russia: gold output up in January 2020

In January, Russia produced 19.92 tons of gold, up by 13.9% YoY. The share of by-product gold amounted to 1.49 tons, up by 23.1%, and secondary gold – 2.31 tons, up by 2.7%. The rest was extracted gold (16.12 tons). Traditionally, the Far Eastern Federal District provides for over 50% of extracted gold. In January,…