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Kyrgyzstan: gold export down in January-July 2021

Export of gold has decreased 2.7-fold YoY since the beginning of 2021, the National Statistical Committee of Kyrgyzstan reports. According to the report of the committee’s specialists, the volume of export deliveries in January-July amounted to $973.5 million, down by 16.5%. Export of ores and concentrates of precious metals decreased by 22.7%. ( metal)


Hungary: gold mine to open in Borzsony

A company called Hun-Banyaszat Kutatasi, Fejlesztesi es Innovacios Kft. made some calculations and plans regarding opening a mine and sent them to the Hungarian Mining and Geological Service at the end of last October. This would be a new business venture, as the Hungarian company was registered in 2018, and originally had iron ore mining…


Russia: gold production to grow in 2021

Gold production in Russia may increase by 0.7% YoY, to 366 tons in 2021, and silver production may amount to 1,450 tons, Sergei Kashuba, chairman of the Union of Gold Producers of Russia, has announced. “Production of primary gold will increase by about 1%, to 338 tons, plus secondary production, according to our expert estimate,…