Russian authorities announced record gold production. The difference with actual production can exceed 100 tons - subsoil use expert
The head of the Ministry of Natural Resources, Alexander Kozlov, said in an interview with RIA Novosti that gold production in Russia in 2025 amounted to 480-485 tons, and in 2026 it could reach 480-500 tons. At first glance, these figures look sensational: independent estimates are much more modest. According to the Metals Focus report , gold production in Russia in 2025 amounted to about 345 tons, compared to 330 tons a year earlier.