By John Helmer, Moscow The annual general meeting (AGM) of Rusal shareholders in Hong Kong on Friday removed Anatoly Tikhonov (image centre) from the board of directors, and replaced him with Matthias Warnig. But meeting in virtual secrecy afterwards, the new Rusal board omitted a decision on the chairmanship from its agenda. Despite a press […]

by John Helmer - Saturday, June 16th, 2012
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by John Helmer - Friday, June 15th, 2012
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By John Helmer, Moscow A group of South Africans, led by Tokyo Sexwale (image left), has devised a scheme to take over mineral assets and mining concessions in the west African republic of Guinea, which the government plans to renationalize after revoking deals struck by previous Guinean governments. The Sexwale scheme is a growing threat […]

by John Helmer - Wednesday, June 13th, 2012
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By John Helmer, Moscow The greatest Canadian whom the Russians have ever known was Glenn Gould, the pianist. But when he played in Moscow and St. Petersburg in 1957 – over the strenuous objections, even threats from the Canadian and US governments – he didn’t take his chair with him. That special chair, on which […]

by John Helmer - Thursday, June 7th, 2012
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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 […]

by John Helmer - Tuesday, June 5th, 2012
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By John Helmer, Moscow In the jungle there’s not much call for the subtle touch. So it’s not clear whether Mikhail Fridman’s announcements this week are intended as a dagger or as a club. By resigning his chairmanship of the management board of TNK-BP, and vacating the chief executive’s role, Fridman (image centre left) hasn’t […]

by John Helmer - Thursday, May 31st, 2012
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By John Helmer, Moscow Oleg Deripaska (image centre) has told President Vladimir Putin that the only way to stop the rot at Rusal is to put an internationally respected foreigner at the head of the Rusal board of directors when the company’s annual general meeting (AGM) is held on June 15. Mikhail Prokhorov and Victor […]

by John Helmer - Monday, May 28th, 2012
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By John Helmer, Moscow Magic is a type of confidence trickery, but not all confidence tricksters are magicians. The difference is whether, when the magician pulls, the hat has got a real rabbit in it. Minerals under the ground have something in common with rabbits; that’s to say, sometimes they are there – sometimes there’s […]

by John Helmer - Tuesday, May 22nd, 2012
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By John Helmer, Moscow Novolipetsk Metallurgical Combine (NLMK) and its owner Vladimir Lisin have won a suppression order against Nikolai Maximov, former owner of the Maxi group of minimills and scrap processors, from the Higher Regional Court of Hamburg. A three-judge panel has imposed a permanent injunction against publication in the press of claims by […]

by John Helmer - Monday, May 21st, 2012
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By John Helmer, Moscow White Tiger Gold (WTG) was supposed to be the curtain-raiser on the Canadian stock market for Mikhail Prokhorov and Maxim Finsky, his childhood playmate, to sell shares in their collection of little known gold and other mineral prospects and mining licences in Russia. That collection is called Intergeo, and it cost […]

by John Helmer - Thursday, May 17th, 2012
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