November 12, 2014 / 11:51 AM / 5 years ago

Russia's 9-Month gold production up 17 pct - producers union

MOSCOW, Nov 12 (Reuters) - Russian gold production rose 17
percent in the first nine months of 2014 compared with the same
period a year earlier, an industry lobby said on Wednesday.
    Gold production was 216.97 tonnes in January-September,
including output from mines, from gold as a by-product of other
metals, refined from scrap and gold containing concentrate, the
Gold Industrialists' Union said.
    Mined output rose 11.3 percent year on year to 175.20
tonnes.
    The Union upgraded its 2014 output forecast to a new record
of 275 tonnes after the industry boosted production by 26.6
percent in the first half of the year. The country produced 254
tonnes of gold in 2013. 
    Gold production in Russia, according to the Gold
Industrialists' Union:
                       Jan.-Sept.      Jan.-Sept.   Change y/y
                         2014, kg        2013, kg       in pct
 Total                    216,972         186,073        +16.6
 production:                                       
   - Mined output         175,204         157,389        +11.3
      - gold as a          12,726          12,559         +1.3
      by-product                                   
   - refined from          26,660          11,920         +124
           scrap                                   
           - gold           2,382           4,205        -43.4
       containing                                  
      concentrate                                  
 
 (Reporting by Polina Devitt and Andrey Kuzmin. Editing by Jane
Merriman)
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