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By John Helmer, Moscow A three-judge appeals court panel in Chelyabinsk this morning preserved the injunction against Magnitogorsk Metallurgical Combine (MMK) completing its takeover of Australian iron-ore miner, Flinders Mines. Today’s proceedings were a continuation of the May 30 hearing in Appeal Court no. 18 of the Chelyabinsk Arbitrazh Court, when Judge Galina Fedina, accompanied […]

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By John Helmer, Moscow What an enterprising lad! While Highland Gold, a London-listed public stockholding company, was looking in a forward direction, last Friday Roman Abramovich sold it a gold and silver prospect called Klen for the greater part of which he had paid $103,774 eighteen months earlier. Abramovich has now relieved Highland Gold of […]