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Russia says it mined enough gold to beat China
From canadianminingjournal.com
Russia says it could produce as much as 500 tonnes of mined gold this year, a figure that would make it the world’s largest producer and far exceed estimates from independent industry observers. Natural Resources Minister Alexander Kozlov told state-run news agency Tass that Russia would mine between 480 and 500 tonnes of gold in 2025 and that output last year may also have been about 480 tonnes. The figures surprised industry analysts and executives because Russia has not released official gold production data since its 2022 invasion of Ukraine. The estimate is roughly 50% higher than the World Gold Council’s ... (full story)