Russian authorities announced record gold production. The difference with real production may exceed 100 tons
The head of the Ministry of Natural Resources, Alexander Kozlov, stated in an interview with RIA Novosti that gold production in Russia in 2025 will be 480–485 tons, and in 2026 it may reach 480–500 tons. At first glance, these figures seem sensational: independent estimates are significantly more modest. According to a report by Metals Focus, gold production in Russia in 2025 was about 345 tons, compared to 330 tons a year earlier.
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2026-06-12 09:09:22 UTC
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