Posts Tagged ‘russian’

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Poluys fill the vaults ahead of listing, Kinross takeout rumours swirl

In a trading update Russia’s Polyus Gold International, owned by Mikhail Prokhorov, a Vladimir Putin rival in upcoming presidential elections, announced a 8% increase in gold production to just under 1.5 million ounces which boosted earnings by 40% to $1.06 billion. Full story

Hearing into Rothschild libel case focuses on Siberia trip

- Much of the four-day hearing into Nat Rothschild's libel case against Associate Newspapers has been spent dissecting a 2005 trip he made to Siberia with Lord Mandelson, a Russian oligarch and a Candian ... Full story

Putin presidential rival seeking $1 billion in London for his gold company

Bloomberg reports that Russia’s Polyus Gold International, owned by Mikhail Prokhorov, a Vladimir Putin rival in upcoming presidential elections, could raise us much as $1 billion as part of its planned listing and share sale in London. Polyus follows fellow Russian miners Evraz Plc and Polymetal International to London aiming for inclusion in the prestigious FTSE-100 index. Bloomberg reports: Prokhorov, who owns 38 percent ... Full story

Tensions between Iran and USA, the Eurozone Crisis, and robust demand from China will push the price of gold to new all-time highs.

Tensions between Iran and USA, the Eurozone Crisis, and robust demand from China will push the price of gold to new all-time highs.
Recently there has been much talk about the possibility of a war with Iran. And, as one can expect the main stream media is involved in a deliberate process of distorting the true facts, just as they were before the US invaded Iraq. Full story

Severstal to proceed with Nord Gold GDR listing

The Russian steelmaker said Monday it will proceed with a planned listing of its Nord Gold mining unit in London after investors representing 10.6% of the share capital in the business participated in a share swap. Full story

Kinross closes term loan to fund increase in Kupol ownership

TORONTO, ONTARIO–(Marketwire – Dec. Full story

The ready bullion boys

The ready bullion boys
It’s been said Alaska has been discovered four times; first for furs, then fish, gold and finally, oil. Full story

Russia’s Polyus Gold delays FTSE 100 listing

Russia's Polyus Gold delays FTSE 100 listing
The company, controlled by billionaires Mikhail Prokhorov and Suleiman Kerimov, has decided to put its plans to secure a possible entry to the FTSE 100 on hold after failing to gain the support of the Russian government. MOSCOW (Reuters) - Russian gold Full story

Ovoca Gold gets key certificate for Olcha deposit in Russia

Ovoca Gold gets key certificate for Olcha deposit in Russia
Russia-focused Ovoca Gold (LON:OVG) has received a key permit which allows the group to apply for a mining licence on the presently drilled reserves of the Olcha deposit - part of the Rassoshinskaya licence. Full story

White Tiger Gold shareholders approve business combination with Century Mining

White Tiger Gold shareholders approve business combination with Century Mining
TORONTO, ONTARIO, Sep 13, 2011 (MARKETWIRE via COMTEX) -- White Tiger Gold Ltd.  CA:WTG -2.48%  ("White Tiger" or the "Company") is pleased to announce that it has received shareholder approval for the Company's proposed business combination (the "Business Combination") with Century Mining Corporation ("Century Mining"). Full story
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