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Russia’s gold output grow by 6%, silver production goes up by 14% in Jan-Apr 2012

May 30, 2012, 20:04 UTC+3
In April 2012, the country’s silver production shrank by 7.3 percent as against the same month of the preceding year and decreased by 1.1 percen
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MOSCOW, May 30 (Itar-Tass) —— Russia’s gold output increased by 6.3 percent and silver production went up by 13.7 percent in the first four months of the year, as compare to the same period of 2011, the Federal State Statistics Service wrote in its regular report, while giving no details pertaining to the volume and value indicators.

In the mean time, this April’s gold production decreased by 2.4 percent as compared to April 2011 and went down by 3.7 percent versus March 2012, the statistics said.

In April 2012, the country’s silver production shrank by 7.3 percent as against the same month of the preceding year and decreased by 1.1 percent as compared to March 2012, the report wrote.

Besides, Russia’s production of uncut gold in bars went down by 0.8 percent in January-April 2012, as compared to the same period of 2011, the document underlined, adding that this April’s output of uncut gold in bars dropped by 1.9 percent as against April 2011, but increased by 0.3 percent as compared to this year’s March.

Under the earlier reports, Russia raised its gold production to 208,976 tonnes (6.7 million ounces) in 2011, which was 3.6 percent more than in 2010, the state service reaffirmed.

In the first four months, the country’s production of diamonds dropped by 18.7 percent, as against the same period of the preceding year, the State Statistics Service wrote in the report, adding that in April, Russia’s diamond output slid down by 17.5 percent as compared to the same month of 2011, and decreased by 22.4 percent versus March 2012.

 

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