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by John Helmer - Tuesday, May 13th, 2008
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By John Helmer in Moscow Putin names his merry men, no change in the forest The list of the new Russian government ministers, released by Prime Minister Vladimir Putin this afternoon, preserves most senior officials in their place, and keeps the precarious balance of factions, which compete for and decide Russia’s major resource concessions, and […]

by John Helmer - Monday, May 12th, 2008
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By John Helmer in Moscow In the good old days, when intrepid Englishmen competed with Russians for commercial and military footholds in Central Asia, the object of their Great Game was to fill the local bazaars with English manufactured goods, and extract in exchange as much treasure as the locals could be gulled into giving […]

by John Helmer - Monday, May 12th, 2008
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The full text of the original French language document available here. The official English translation of the document available here.

by John Helmer - Monday, May 12th, 2008
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By John Helmer in Moscow Acron reports big jump in complex fertilizer revenue, but Uralkali tanks on potash nerves. Acron, Russia’s leading producer of complex fertilizers, has reported that in the first quarter to March 31, sales revenue reached $493 million; that is a jump of 72%, compared with the corresponding quarter of 2007. It […]

by John Helmer - Sunday, May 4th, 2008
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By John Helmer in Moscow Herbies beats aluminium into profit shares Herbert Smith, one of the largest billing of the UK law firms, has been forced to reveal this month in the UK High Court that it is charging the Tajikistan government more than $100 million for a 3-year court claim ordered by the Tajik […]

by John Helmer - Monday, April 28th, 2008
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By John Helmer in Moscow The Novorossiysk Shipping Company (Novoship) disappointed Moscow maritime analysts and the stock market today with FY 2007 financial results, just issued. Reported revenues totaled $615.3 million, 10% above the 2006 figure, but below consensus estimates and projections by transport analysts at Renaissance Capital and Finam. Net profit was reported at […]

by John Helmer - Thursday, April 24th, 2008
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By John Helmer in Moscow Deripaska is obliged to pay Prokhorov more to leave one uncertainty for a greater one Oleg Deripaska, owner of United Company Rusal, the global aluminium producer, has invited a small group of reporters to have an Easter luncheon with him at Café Pushkin this Saturday. The hors d’oeuvre is the […]

by John Helmer - Thursday, April 24th, 2008
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By John Helmer in Moscow At current prices, old King Coal is a merry old soul in Russia. In the bad old days, when Boris Yeltsin was in charge of Russia, all you had to do to acquire a steelmill on the cheap was to cut off its gas, electricity, iron-ore, scrap metal, or its […]

by John Helmer - Thursday, April 24th, 2008
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By John Helmer in Moscow Uralkali reports spot price for potash goes above $1,000 a tonne as shortages bite. Uralkali and its global sales agent, Belarusian Potash Company (BPC), revealed this morning that spot-price cargoes of potash will fetch more than $1,000 per tonne of standard grade, including freight and insurance (CIF). Higher grade granular […]

by John Helmer - Wednesday, April 23rd, 2008
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