Do More With Reuters
Partner Services

Russia 2008 gold output up 13.3 pct on yr-lobby

Fri Jan 30, 2009 5:53pm IST
 
Email | Print | | Single Page
[-] Text [+]

MOSCOW, Jan 30 (Reuters) - Russian gold output rose by 13.3 percent to 184.49 tonnes in last year from 162.84 tonnes a year ago mainly on the back of increased mine output, the country's main industry lobby said on Friday.

This is above the Russian Gold Industrialists Union earlier forecast of an 8 percent overall rise after five years of decline.

Output from mines rose by 13.1 percent to 163.89 tonnes in 2008 from 144.85 tonnes in 2007, a union statement said.

Output achieved by refining gold from scrap rose by 22.9 percent to 8.14 tonnes from 5.87 tonnes. Production of gold as a by-product of other metals rose 2.8 percent to 12.46 tonnes from 12.12 tonnes, it said.

Most Russian gold is mined in the country's east.

Krasnoyarsk in eastern Siberia -- home to top miner Polyus Gold's (PLZL.MM: Quote, Profile, Research) (PLZLq.L: Quote, Profile, Research) main mines -- was the country's largest gold-producing region in 2008.

It was followed by the Siberian Republic of Sakha (Yakutia) and the far eastern Amur region, union data showed. (Reporting by Aleksandras Budrys)

Pigeons fly in front of Taj Mahal hotel in Mumbai November 26, 2009. Mumbai's police paraded past some of the city's landmarks in a show of strength as India's financial hub marked the first anniversary of militant raids that killed 166 people and ratched up tensions with Pakistan. The hotel was one of the sites of the attacks. REUTERS/Arko Datta
One Year Later

Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and ratcheted up tensions with Pakistan.  Slideshow | Full Coverage 

A supporter of Bharatiya Janata Party (BJP) holds a picture of BJP leader Lal Krishna Advani during an election campaign rally in Balasinor, about 90 km (56 miles) east of Ahmedabad, April 14, 2009. REUTERS/Amit Dave
Liberhan Commission Report

The government published a long awaited report, recently leaked, accusing BJP leaders of a role in the 1992 destruction of the Babri mosque in Ayodhya.  Full Article 

Thierry Henry's handball scandal

Barcelona's Thierry Henry takes part in a training session at Nou Camp Stadium in Barcelona, November 23, 2009. Barcelona and Inter Milan will play their soccer Champions League match on Tuesday. REUTERS/Albert Gea
FIFA to hold meeting

FIFA to hold an extraordinary meeting before World Cup draw to discuss Thierry Henry's handball in the qualifiers and discovery of match-fixing ring by German police.  Full Article