American Creek Resources Ltd V.AMK

GOLD PRODUCTION plan for RUSSIA by 2029

[fairdinkem]

I doubt that Russin will be kicked out of the GOLD market,,,, BUT do  consider that could happen as a means to stop the WAR in UKRAINE.  Russia has been inching up year over year by 3+ percentile, so for Russia to be the largest producer in 2029 is proving to be a realistic GOAL for Mr. Putin.  So if RUSSIA is cut off from the GOLD TRADEs, it is very feasible that their CUT is 13% or greater, of current GOLD production and or as "I" said, the Fiducary Institutions around the GLOBE could well reject Russias GOLD to hasten in part the end of UKRAINE WAR before pray not that we have a WW3 on our hands.  War is an act of desperation, to reduce that factor despirit measures will come into play here.  


Russia – 329.5 tonnes A massive 83 percent of European gold comes from Russia, which has been increasing its production every year since 2010. Russia took the lead over Australia to become the world’s second largest producer – mining 50 tonnes more in 2019 than the year prior. Who is the largest buyer of Russian gold?

In 2019, global gold mine production was a reported 3,463.7 tonnes – down one percent from the year prior – and the first year-over-year decline in output since 2008.

Russia is expected to surpass China as the world’s top gold producer by 2029, achieving average annual growth of 3.7% y-o-y between 2020 and 2029.

Top 10 Gold Producing Countries | USGI (usfunds.com)