RUSSIAN GOLD PRODUCTION DOWN 30 PERCENT.
Publication: Monitor Volume: 1 Issue: 103
According to "Russian Golden Club" president Mikhail Bazhanov, Russia’s gold output will decrease to 110-115 tons this year from last year’s 140 tons. Bazhanov said that gold production has paradoxically become unprofitable in Russia because production costs exceed world prices.
Coal Miners Strike in Vorkuta.