The Russian writer Maxim Gorki may have described Siberia as a land of “death and chains,” but this vast region that runs from the Ural Mountains to the Pacific Ocean, has never deterred gold seekers. It’s one of the coldest places on earth and has some of the harshest terrain anywhere but its riches draw […]
Russian gold
The Vast Mineral Resources of Russia’s Ural Mountains
Large swathes under ice, small population, and an inefficient government, yet Russia is a stable economy. The credit for this must go to the large reserves of natural resources. The presence of gold and other precious metals and minerals isn’t surprising to many. Russia is the biggest country in the world and it has a […]
Massive 22+ Pound Gold Nugget Discovered by Russian Miners
A recent gold discovery in Russia really has people excited Miners have unearthed something spectacular; a massive gold nugget weighing 10.3 kilograms (over 22 pounds!). Workers were moving old tailing piles with heavy equipment when someone spotted the huge nugget among the rubble. Based on the spot price of gold this nugget would be worth […]
Russian Mining and Gold Nugget Found
Mining is one of Russia’s major industries, accounting for a significant percentage of the country’s overall economy. Gold is one of the primary resources here, with an estimated 220 tons mined in 2013, ranking 4th overall in global ranking, just behind the United States. The majority of the gold that is found in Russia comes […]