Russia Claims 500-Tonne Gold Output That Would Dethrone China, but Analysts Can’t Explain the Numbers

Russia’s Natural Resources Minister Alexander Kozlov told state news agency TASS that the country will produce 480-500 tonnes of gold this year, a figure that would vault Russia past China and make it the world’s largest gold producer. Analysts inside and outside Russia say they have no idea where those tonnes are coming from. Kozlov […] The post Russia Claims 500-Tonne Gold Output That Would Dethrone China, but Analysts Can’t Explain the Numbers appeared first on the deep dive.