Russia: Krastsvetmet to export silver

Krastsvetmet has received a general license for one year to export silver in ingots. Thus, the company will be able to increase volumes and decrease time of exports. Until 2021, Russia only issued one-time licenses. It took a company 2-2.5 months to get a license. Since the start of the year companies can get one…

Russia: gold output down in Q1 2021

In January-March, Russia produced 58.02 tons of gold, down by 4.6% YoY. The share of extracted gold was 80.7%, or 46.85 tons, down by 2.6%. Amur region demonstrated the largest drop – to 3.8 tons from 6.6 tons in Q1 2020. Krasnoyarsk region produced the most gold – 11.8 tons, up by 0.6%, followed by…