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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: lorne who wrote (63116)1/30/2001 5:12:05 PM
From: lorne  Respond to of 116779
 
Russian official says 40 new gold mines to be launched by 2015
Moscow--Jan. 30--Russia will launch about 40 new gold mines by 2015, whose
annual output would equal the current Russian gold production, Chairman of the
State Depository for Precious Metals (Gokhran) Valery Rudakov said Tuesday.
Russia is estimated to have produced 130.6 tonnes of primary gold in 2000.
Rudakov said Russia would need to invest U.S. $3.5-4 billion to achieve this
goal.
( Story .17510 )
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