Peak Gold? Russia To Surpass Australia As World No 2 Gold Producer
By GCRU Gold News on Thursday, August 21 2014, 12:36 - Permalink
The Gold Royalty Response Group (GRRG) has warned that Russia could replace Australia as the world’s second-largest gold producer if it met production forecasts by the Gold Industrialists’ Union.
The Russian lobby group estimates that the country could increase its output to some 275 t during 2014, as the industry boosted production by 26.6% during the first half of the year.