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OAO Mechel’s shares in New York traded at the highest premium over its Moscow stock since October and equity futures climbed as the improving outlook for U.S. employment bolstered commodities.
OAO Mechel’s shares in New York traded at the highest premium over its Moscow stock since October and equity futures climbed as the improving outlook for U.S. employment bolstered commodities.
The billionaire owners of Polyus Gold International Ltd. and Polymetal International Plc are considering merging the Russian gold miners as Polyus seeks a primary listing in London, two people with knowledge of the matter said.
Conservative Party co-chairman Lord Feldman told the High Court today how he met banker Nathaniel Rothschild and Russian oligarch Oleg Deripaska during a holiday in Corfu.
One of Britain's wealthiest men has launched a High Court action after he was accused of being the "puppet-master" behind a controversial deal involving Lord Mandelson and the Russian oligarch Oleg Deripaska.
RTS stock futures rose and Russian equities traded in New York climbed to a six-week high as lower U.S. jobless claims brightened prospects for the U.S. economy and demand for commodities such as copper and nickel.
Russian stock futures rose and OAO Mechel climbed to a six-week high as a surge in U.S. factory output bolstered the outlook for commodities producers.
Russian stock futures rose and OAO Mechel climbed to a six-week high as a surge in U.S. factory output bolstered the outlook for commodities producers.
MOSCOW — Steel giant Severstal said Monday that enough minority shareholders agreed to swap the steelmaker’s shares for the securities of its gold-mining unit Nord Gold, paving the way for the unit’s London listing later this week.
DEARBORN, Michigan — The U.S. Energy Department won’t follow through on a planned $730 million loan to the North American arm of one of Russia’s largest steel companies to modernize its Detroit-area plant.
The U.S. Energy Department won't follow through on a planned $730 million loan to the North American arm of one of Russia's largest steel companies to modernize its Detroit-area plant.
NMDC Ltd., India’s largest iron ore producer, plans to acquire two coking coal mines in Mozambique and Russia for about $300 million to feed its planned steel plant in India.
Russia plans to continue its large-scaled clean-up of Arctic islands in 2012. As much as 18 000 tons of scrap metal will be shipped out through the Nenets port of Amderma.
RTS stock futures rose and OAO Mechel rebounded as better-than-forecast U.S. data signaled the world’s largest economy is weathering Europe’s debt crisis.
RTS stock futures rose and OAO Mechel rebounded as better-than-forecast U.S. data signaled the world’s largest economy is weathering Europe’s debt crisis.
OAO Mechel and OAO Gazprom fell in New York on concern the surge in the European Central Bank’s balance sheet shows a lack of capacity for new loans, dimming the outlook for European growth and Russia’s commodity exports.
OAO Mechel rebounded from its lowest level since 2009 in New York as five analysts reiterated “buy” ratings in the past week on the shares, which have tumbled 71 percent in 2011.
A deal to unite Russia’s two biggest steelmakers would be a ‘good idea’ says Alexander Abramov, Evraz’s chairman
Norilsk-Nickel’s says the ore reserves growth on the Kola Peninsula is expected to reach 70 million tons by 2025.
Russian billionaire Oleg Deripaska said the euro may fall to parity with the dollar, opening the floodgates to cheap imports into Russia and forcing a ruble devaluation to preserve the country’s competitiveness.
Russian billionaire Oleg Deripaska said the euro may fall to parity with the dollar, opening the floodgates to cheap imports into Russia and forcing a ruble devaluation to preserve the country’s competitiveness.
Russian billionaire Oleg Deripaska said the euro may fall to parity with the dollar, opening the floodgates to cheap imports into Russia and forcing a ruble devaluation to preserve the country’s competitiveness.
Working Group for elimination of environmental “Hot Spots” with strong critics to the largest air-polluter in the Barents Region.
MOSCOW — The company that operates Singapore’s main airport will help Oleg Deripaska’s Basic Element Holding create a new air transport hub in southern Russia under an agreement of intent signed Monday, the companies said.
Russian stock futures fell and U.S.- traded shares of OAO Mechel, OAO Sberbank and OAO Gazprom sank more than 5 percent as leaders in Europe, the nation’s biggest export market, struggled to contain the region’s debt crisis.
The Russian steel producer says that a plan to move to the UK will boost its international profile as it seeks entry into the FTSE 100
Kolskaya GMK, the regional subsidiary of Norilsk Nickel, is ready to resume open-pit mining at the Zhdanovskoye field near the border to Norway.
Russian billionaire Alexey Mordashov, driving a $2 billion-a-year expansion program at steelmaker OAO Severstal, is investing in new U.S. output just as largest rival ArcelorMittal shutters plants to weather a slump in demand.
RTS futures fell, signaling the measure in Moscow may extend declines from a 15-month low, as a gauge showed Russian manufacturing stagnated in September, sending shares of OAO Mechel lower amid concern the world’s largest energy-exporting economy will continue to slow.
Russian billionaire Alexey Mordashov, driving a $2 billion-a-year expansion program at steelmaker OAO Severstal, is investing in new U.S. output just as largest rival ArcelorMittal shutters plants to weather a slump in demand.
Global Witness says it has evidence the former British PM was an intermediary in talks between Rusal and Libyan authorities
Emails reveal how bank employing former PM tried to oil the wheels of a deal between Russian's aluminium firm and the Libyan regime
Russian RTS futures fell, signaling the measure may extend the first weekly decline in three, as concern Europe’s economy is slowing cut metals prices and sent mining company OAO Mechel to a two-year low in New York.
The world's biggest aluminium producer Rusal reports a bigger-than-expected fall in three month profits.
OAO GMK Norilsk Nickel offered to buy back a 15 percent stake held by United Co. Rusal for $8.75 billion as billionaires Vladimir Potanin and Oleg Deripaska battle for control of the world’s largest nickel producer.
OAO GMK Norilsk Nickel offered to buy a 15 percent stake held by United Co. Rusal for $8.75 billion, the Russian mining company said today on its website.
Russia this year plans to start up the development of a large underwater gold and copper deposit in the North Atlantic.
Russia this year plans to start up exploitation of a large underwater gold and copper deposit in the North Atlantic.
MOSCOW — Mikhail Senatorov has printed catalogs for carmaker Audi and advertising agency BBDO and campaign posters for United Russia. The Office of Presidential Affairs gave his company its Printer of the Year award.
Putin talks tough to defend Russian cars, Mechel mulls listing in London and Luzhniki gets a top-notch team for its refit
Vladimir Potanin strikes a deal to become national leader in movie screens, while a longtime U.S. investor bows out of the Russia film business
OAO GMK Norilsk Nickel, Russia’s largest mining company, plans to add copper, coal and iron ore assets in Indonesia and Latin America as it seeks to overcome a reliance on nickel and triple its market value to $150 billion.
The new vessel “Yenisei” will allow establishing a year-round shipment of petrochemicals in the Arctic.
United Co. Rusal will refinance its entire $11.3 billion of debt by as early as September, removing curbs bankers imposed on the world’s largest aluminum producer during Russia’s biggest corporate restructuring in 2009.
LSR Group, a St. Petersburg-based property developer, South Korea’s KP Chemical Corp., and International Container Terminal Services Inc. jumped after MSCI Inc. said they will be added to benchmark indexes.
Olenogorsk Mining and Concentration plant to extract more iron-ore.
OAO GMK Norilsk Nickel, the world’s largest producer of the metal, may pay dividends for 2010 even after spending $4.5 billion to buy back shares, billionaire shareholder Vladimir Potanin said.
Russian steel major Severstal starts to ship exports through Murmansk instead of Sankt Petersburg.
Russian mining major Norilsk Nickel is investing more than €44.7 million in prospecting in 2011.
A Finnish band brings their own brand of Slavic doom metal to Moscow
MOSCOW — The conflict between United Company RusAl and Interros over control of Norilsk Nickel took an unexpected turn on Monday, as billionaire Alisher Usmanov’s Metalloinvest announced plans to increase its stake in the nickel producer and help develop the company jointly with RusAl.
United Co. Rusal, locked in a battle for control of OAO GMK Norilsk Nickel, rebuffed a $12.8 billion bid from the mining company to buy back 20 percent of its stock, saying it’s not in the best interests of shareholders.
United Co. Rusal rejected OAO GMK Norilsk Nickel’s offer to buy a $12.8 billion stake it holds in the Russian nickel mining company, saying it wouldn’t be in the best interests of its shareholders.
United Co. Rusal, locked in a battle for control of OAO GMK Norilsk Nickel, rejected a $12.8 billion bid from the mining company to buy back 20 percent of its shares and proposed to start talks with fellow investor Interros Holding Co., said two people with knowledge of the matter.
United Co. Rusal, locked in a feud over ownership of OAO GMK Norilsk Nickel, rejected a $12.8 billion offer from the mining company to buy back 20 percent of its shares, said two people with knowledge of the matter.
Norilsk-Nickel’s division on the Kola Peninsula paid 6,6 billion roubles (€171 million) in tax to Murmansk Oblast in 2010.
Russia, the world’s biggest palladium producer, is shipping the smallest amount of metal to Switzerland in 15 years, a sign of declining state stockpiles that may drive prices as much as 15 percent higher by December.
Russia's nuclear energy agency says the order to remove fuel from the Russian-built nuclear plant in Iran came because of concerns that metal particles might be contaminating fuel assemblies.
Finnish hardcore punk/metal legends Kumikameli perform loud guitar music now, but they deliberately avoided guitars and performed what were described as “children’s songs” when they started out 25 years and ten albums ago in Joensuu, a North Karelian city 80 kilometers from the Finnish-Russian border.
Norilsk-Nickel, the biggest air-polluter in the Barents Region, says the upgrade of smelting facilities in Nikel is assessed to 4,6 billion rubles.
United Co. Rusal, the biggest aluminum producer, is trailing Alcoa Inc. and all other peers as billionaire founder Oleg Deripaska snubs shareholders’ pleas to end a two-year battle for control of OAO GMK Norilsk Nickel.
MOSCOW — Steel pipe maker ChelPipe postponed its initial public offering in London last Thursday, making it the second Russian company in the last two weeks to scrap listing plans and further darkening what was expected to be a bright horizon of share offerings this year.
TNK-BP is offered a place in BP’s partnership with Rosneft, and a steel tycoon is Russia’s richest man
Two steel tycoons retained their top two positions in the 2011 list of Russia's richest people compiled by Finans magazine.
Oleg Deripaska’s aluminium producer demands information on $3.5bn share buyback as Norilsk offers $12.8bn to take back 20% stake from the Russian group
OAO GMK Norilsk Nickel, the world’s biggest nickel producer, increased its offer to buy back shares held by billionaire Oleg Deripaska’s United Co. Rusal as it seeks to end an ownership feud.