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17

Less Gold In Siberia

The gold mining of Russia's Siberia has declined

The gold mining of Russia?s Siberia has declined. Gold mining companies of Irkutsk announced they reduced their production by 9.5% down to 14 tons 747 kg in the period of January ? October 2004, compared to the same period last year.

Cold weather deposits exhausted conditions are believed to be the main reasons for the decrease. In 2004 Lena Gold enterprises mined 8 tons 53 kg of gold.
In 2003 Irkutsk region mining companies mined 16 tons 517.5 kg of gold that is by 2.8% more than in 2002.