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By John Helmer, Moscow The world’s most mysterious, and expensive, hole in the ground has been ceremonially opened by the Russian Foreign and Trade Ministers, Sergei Lavrov and Denis Manturov. At least that’s what they say they did a month ago in Harare, the capital of Zimbabwe. The President of Zimbabwe, Robert Mugabe (lead image, [...]

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By John Helmer, Moscow Do snaps of businessmen playing cards, or dancing the lezginka together, prove they are in a concert-party relationship which is an unauthorized way of making money, according to Rule 9 of the Takeover Code for companies listed on the London Stock Exchange — if they keep it secret from other shareholders? [...]

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By John Helmer, Moscow The committee of administrators of the Personal Abasement Award (PAW), having sat on their hands for two years, have decided to nominate Catherine Belton (image left) and the Financial Times for a presentation of the affairs of Suleiman Kerimov (right) at the very moment he has been trying (failing) to cash [...]

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By John Helmer, Moscow Deep inside the Russian government there is a chamber of secrets where officials have gathered just eight times since April 29, 2008, the day when then-President Vladimir Putin signed the law that created the chamber. The law was entitled “On Procedures for Foreign Investments in Business Entities of Strategic Importance for [...]

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MOSCOW (Mineweb.com) – For at least a few hours on Monday, Harmony Gold’s Bernard Swanepoel knew more about Norilsk Nickel’s plan to spin off its gold assets in an offshore placement than Norilsk Nickel itself. “Harmony wishes to advise”, a company announcement declared in Johannesburg, “that it has consented to the transfer by Norilsk Nickel [...]

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It’s not too early to see in this month’s clash between Saudi Arabia and Russia over oil supplies to the market the first real sign that the Kremlin sees a future for itself as the world’s alternative source of crude whenever the OPEC swing producer tries to make other producers dance to its tune. Playing [...]