Now let’s heal: large deposits of gold found in Russia

Impressive deposits of precious metals - gold and silver - have been found in the Republic of Bashkortostan. This was stated by the exploration geological holding "Rosgeologiya". The area under study was more than 28 square kilometers.

Now let’s heal: large deposits of gold found in Russia

The estimated volumes of the found "treasure" are almost 90 tons of gold and about 800 tons of silver.

Now Rosgeology intends to obtain a license to develop the field. Since the holding is state owned, the discovered deposits will be transferred to the state balance.

Against the background of a constant increase in the gold reserves of the Russian Federation, a new deposit will be very useful. Indeed, in contrast to gold purchased on foreign markets, mined in Bashkiria will not cost the Central Bank anything but the cost of production itself.

At the end of 2017, Russia's physical gold reserve was 1811 tons. If the pace of procurement of this precious metal remains the same, then by the middle of 2018, the Russian Federation will enter the top five countries-leaders in terms of its reserves, displacing the Central Bank of China.
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  1. gorenina91 Offline gorenina91
    gorenina91 (Irina) 25 March 2018 13: 46
    It has been 2018 for a long time already, and even economically weak Italy exceeds Russia by reserves of gold reserves.
    1. gorbunov.vladisl (Vlad Dudnik) April 23 2018 18: 04
      Well, first of all, gold reserves and gold reserves are two different things.
      Secondly, why did Italy suddenly become economically "weak"? The fourth economy in Europe. 11th in the world.
      Thirdly, Russia's gold reserves are larger than Chinese. Although China is the world's No. 1 economy.
      Russia has less gold than Italy. China has less than Russia. What to do from this fetish? Do you have a problem with this?