Nordgold for the nine months of reduced production of gold by 5%

Nordgold for the nine months of reduced production of gold by 5%


Revenue in the reporting period decreased by 10% to 865,3 million dollars in comparison with the same period a year earlier. Decreased and the average selling price of gold per 8%.

MOSCOW, 21 Oct. Gold mining company Nordgold following the results of January-September 2015 year has reduced gold production by 5% compared with the same period a year earlier — to 708,2 thousand ounces, it is told in the company message.

Revenue in the reporting period decreased by 10% to 865,3 million dollars, while the average sales price of gold decreased by 8% to 1182 dollars per ounce.