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RUSSIA: RUSSIA`S GOLD OUTPUT SOARS
Russian Gold production rose 14 percent in the first quarter as recoveries from scrap metal and by-product mining soared, according the country's Union of Gold Producers. Gold output climbed to 25 tons from 22 tons a year earlier. Direct mining of gold fell 0.9 percent to 18.9 tons. Recoveries from scrap more then tripled to 3.1 tons and output from mining for other metals jumped 52 percent to 3 tons. The Krasnoyarsk region in East Siberia mined most of the gold, producing 6.2 tons, Interfax said. Khabarovsk region in the same area raised output to 4.5 tons and Magadan in the Far East produced 2.7 tons. - (EMEconomy.com)
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