By John Helmer in Moscow O dear! Noddy can’t make the loop the loop. After his last adventure in the jungles of northeastern Guinea, Noddy found that he still owed so much money to his bankers, he wasn’t allowed to make big-ticket plane rides without their permission.

by John Helmer - Friday, June 4th, 2010
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By John Helmer in Moscow In the junior goldmining business, hope springs eternal. So naturally it did, when GV Gold, the Irkutsk-based junior goldminer controlled by Sergei Dokuchayev, went before a recent Moscow miners’ beauty contest to announce a new share issue bid. Maxim Gorlachev, head of corporate development, told the Adam Smith Institute metals […]

by John Helmer - Tuesday, March 2nd, 2010
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By John Helmer in Moscow The share price of Canadian-listed, Russian-owned goldminer High River Gold (HRG:CN) has shot up by 65% since December 4, and last week hit 89 Canadian cents – its highest level since August of 2008. There has been no news to speak of, but there was a meeting, a month ago, […]

by John Helmer - Monday, January 11th, 2010
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By John Helmer in Moscow Sad to say, there is no magic in capitalism. If there were, it would have been entertaining to watch how Polyus Gold, Russia’s leading goldminer, suddenly snapped a losing streak on Friday, and rocketed upward with a 4% share price gain in Moscow (MICEX rouble exchange), 7% on the London […]

by John Helmer - Monday, November 23rd, 2009
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By John Helmer in Moscow According to Edgar Rice Burroughs, Nemone, Queen of the City of Gold, was one of those notorious Hollywood types – too beautiful, not enough brains, and a perverse streak that enjoyed making people suffer. Tarzan gets help from his pet lion, and together they despatch the worst Nemone sends after […]

by John Helmer - Sunday, September 27th, 2009
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By John Helmer Armenian officials in charge of mining and natural resource licensing say they have yet to decide whether to approve the transfer of ownership of Zod, Armenia’s principal goldmine, from the Vedanta Resources group company, Sterlite Gold, to Madneuli, a Georgian company financed by Sergei Generalov, a Russian shipping magnate. According to recent […]

by John Helmer - Tuesday, October 16th, 2007
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By John Helmer Sterlite Gold reveals $140 million payday from Russian-funded Georgian gold miner. It has been a mixed week for Georgia’s President Mikheil Saakashvili On September 26 he took to the podium of the UN General Assembly in New York to accuse Russia of interfering in his country’s internal affairs, and acting in “reckless […]

by Editor - Monday, October 1st, 2007
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By John Helmer Georgian gold miner Madneuli gets Russian financing for goldmine moves in Armenia, Azerbaijan lodges protest Georgian gold miner Madneuli gets Russian financing for goldmine moves in Armenia, Azerbaijan lodges protest. Queen Tamar, the greatest of the Georgian sovereigns (1184-1213), is responsible for the habit Georgian rulers have displayed for the past millennium […]

by John Helmer - Friday, August 31st, 2007
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By John Helmer Armenia plans revocation of Zod gold mine licence, as Georgians push for bargain-priced asset flip The Armenian Government goes to court on Monday of this week to revoke the gold mining licence issued in 1999 to the Ararat Gold Recovery Company (AGRC). This is the local operating affiliate of Sterlite Gold, which […]

by John Helmer - Saturday, August 4th, 2007
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