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By John Helmer in Moscow Russian steelmaker makes billion-dollar bid for Fortescue without explanation to the Russian market. When Victor Rashnikov, owner of Magnitogorsk Metallurgical Combine (MMK), was in London in April, trying to persuade shareholders to buy up to 14% of his shares, he claimed that the steel mill, Russia’s largest, had secured its […]

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By John Helmer in Moscow Mitvol ignores London and goes to US to explain Russian mining rules Roald Dahl once wrote a comedy about a man whose mental powers included the ability to see through cards. Understandably, he spent his life slipping through casino doors, only to be evicted from the gaming table as soon […]