Azerbaijan: gold export up in January-July 2020

Azerbaijan’s export of gold increased by 13.5% YoY, to $96.5 million, in January-July 2020, department head at the Center for Analysis of Economic Reforms and Communications Nijat Hajizade reported. Azerbaijan exported gold worth $85 million during the same period of 2019. Azerbaijan exported 2,147 kg of gold to the world markets during the reporting period,…

Russia: gold output up in H1 2020

Russia’s gold output rose by 2% YoY, to 138.1 tons in January-June, the Finance Ministry said quoting supplies to the refining plants. Mined gold output rose by 5.3%, to 116.38 tons, while by-product gold output decreased by 10.9%, to 8.27 tons, and production of gold scrap fell 1by 3.3%, to 13.45 tons. Russia’s silver output…

Uzbekistan: gold exports up in July 2020

In January-July, Uzbekistan exported $3.2 billion worth of gold. The share of gold in exports, according to the State Statistics Committee, reached 40%. A sharp increase was recorded in July – $1.1 billion. In January-June, exports amounted to $2.1 billion. In 5 years exports have increased many-fold. Thus, in 2015 Uzbekistan exported $823.9 million worth…

Russia: Chay-Urya extracts 620 kg of gold

Since the start of the washing season, Chay-Urya zoloto LLC, a part of Susumanzoloto, has extracted 620 kg of gold at the alluvial sites in Magadan region. This year the company is developing two sites in the valley of the Berelekh and Kvartseviy brooks. The washing season will last till October 10. Until then the…

Russia: gold-refining plant to be created in Yakutia

The acting chairman of the Republic of Sakha (Yakutia) government Andrei Tarasenko has held a meeting on the gold-extracting industry situation. According to the industry participants, the situation is positive. At the same time, there are some difficulties connected with limitations due to the coronavirus pandemic and in some cases with low reserves and capacities.…