Russia gold mining falls 2.2 pct year

Precious Metals

Reuters reports that Gold Industrialists’ Union reported that Russian gold mines produced 2.2 percent less gold than a year ago.

Reuters reports that Gold Industrialists’ Union said that Russian gold mines produced 2.2 percent less gold than a year ago.

The market news is quoted as saying:

Russia’s top gold producer Polyus Gold (PLZL.MM) said last week it will not fulfill its 2010 business plan because of problems at its Krasnoyarsk operations in Siberia

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