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Armenia: gold exports down in 2020

In 2020, Armenia exported 5670 kg of gold, down by 2.7% YoY. At the same time, according to the Customs Service, revenue grew by 14.3%, to $255.8 million. The main customers were Switzerland (50%), India (30.4%) and UAE (19.4%). Last year, Armenia imported 446.9 kg of gold, down by 82.2%, valued at $22.2 million, down…

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Ukraine: SevGOK saves 30 million UAH with energy-saving projects

Severniy Mining and Processing Works is carrying out energy-saving projects. New techniques allow decreasing electricity expenses and the prime cost. In order to decrease energy carries expenses in shops, SevGOK uses modern electric equipment and lamps. Large-scale projects to replace lamps have been finished at two crushing and processing factories, as well as in the…

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