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. Last Updated: 07/27/2016

Gold Output Grows

MOSCOW -- Russia's gold output over the first ten months of this year was 107.5 tons, up 1.4 percent from the same period in 1996, officials said Thursday.

The Finance Ministry said the bulk of the increase came from the Polyus prospectors' guild in Krasnoyarsk region and the Omolon project in Magadan, Itar-Tass reported.

In 1998, the government expects total gold production of about 115 tons.