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The bad old days – 1917

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By John Helmer in Moscow High River Gold (HRG:CN) is being prepared for a sale, along with other goldmine assets of the Severstal Resources group belonging to Alexei Mordashov, to a Chinese buyer. At least, that is what Moscow sources report as the rationale behind a proposed swap of equity for loan, announced by HRG […]

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By John Helmer in Moscow Russia’s state-aid agent for struggling shipyards, the United Shipbuilding Corporation (USC), is to have another chief executive after the current one, Alexander Buzakov (right figure), was ordered out by the chairman of USC’s board, Deputy Prime Minister Igor Sechin (left figure). A newspaper leak, published in Moscow on Monday, reporting […]