ARMENIA EXPORTS 19.5% MORE GOLD

Kyiv Post

July 31 2012
Ukraine

YEREVAN – Armenia increased gold exports (including plating) by 19.5%
to 1,120.9 kg in the first half of 2012 from 938 kg in the same period
of 2011, the country’s Customs Service reported.

The customs value of exported gold rose to $35.1 million in the first
half from $21.9 million a year earlier.

The Economics Ministry attributes the growth in sales to higher world
prices for the metal.

Armenia imported 607.9 kg of gold worth $32.3 million in the first
half, up from 591.3 kg worth $27 million a year earlier.

Armenia exports dore alloy with up to 92% gold content. The country
does not produce pure gold bullion.