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  Thursday, October 22, 2020
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Vladimir Putin said here Tuesday there was a wide gap between the actual output of gold in this country and the existing potential
Russian President Vladimir Putin said here Tuesday there was a wide gap between the actual output of gold in this country and the existing potential. “Different experts say we are the world’s number two or number three in terms of reserves of gold,” Putin said at a conference discussing the problems of gold mining in this gold-rich part of Russia. “The actual place doesn’t matter because it’s one of the leading places anyway.” “But all the experts say there’s a wide gap between the amounts of gold we can produce and the amounts we produce in reality,” Putin said. “This country really has unique resources of gold, and our geological surveyors got data on new impressive deposits of gold in recent years,” he said. “The external market situation and the encouraging tendencies inside the industry itself are very lucrative for commercial development of those deposits,” Putin said.
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