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. 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, the gold miner whose split-off from Severstal is underway, was valued at nearly $2.8 billion during the first day of its trading in London on Thursday, in what the company said was a predictable...

Precious metals miner Polymetal expects the gold price to break above $2,000 per ounce later this year around the time of the U.S. presidential elections, while its own output is set to rise due to new operations after a flat 2011. Precious metals miner Polymetal...

BISHKEK, Kyrgyzstan — The operator of the largest gold mine in Kyrgyzstan says workers have gone on strike in a demand for payments to a state social fund. Centerra Gold says the strike at the Kumtor mine is illegal. The company produced 585,000 ounces of gold there last year. The mine accounts for roughly...

Polyus Gold International's and Polymetal International's billionaire owners are considering merging the gold miners to create the world's ninth-largest producer of the metal. The billionaire owners of Polyus Gold International and...

LONDON — Peter Hambro, chairman of Petropavlovsk, a London-based gold miner in Russia, said Thursday that sales reached $1 billion and that the company forecast further growth this year. Petropavlovsk expects to produce 680,000 ounces in 2012 after output last year expanded 24 percent to 630,100 ounces, beating the...

Gazprom Neft refined 6 percent more crude last year than in 2010, the company said Tuesday. (Bloomberg) Belarus' foreign currency and gold reserves rose to $7.97 billion as of Feb. 1, up 0.7 percent from a month earlier as the value of monetary gold in reserves increased 25.5 percent to $2.4 billion in January and foreign currency reserves declined 15.9 percent to $3.8 billion, the...

... systems at various industrial facilities in the US and Russia, including the Caterpillar 8 MW 10kV Power Plant at Schuchye Chemical Weapons Destruction Project in Russia, Caterpillar 11 MW Power house at the Kubaka Gold Mine (owned by Kinross Gold, Canada) site in Russian Far East, project of Caterpillar 5 MW Power house in Sakhalin Island. </td></tr> <tr><td valign="top"><b>Computer Skills:</b></td><td>Profecient...

Moscow is a Chekhov lover's paradise. A paradise, that is, unless you are an English-speaking expat. While the city is a gold mine of world class theater, flush with companies and festivals performing the great writer's works, his plays are almost never performed in English. For foreigners who lack the language skills needed to fully appreciate...

Gazprom chief executive Alexei Miller is rumored to be leaving his position and Novatek's chief executive is a potential replacement, Vedomosti reported Friday, citing unidentified people close to the company. (MT) Polyus Gold said the listing of its American Depositary Shares on the London Stock Exchange has been canceled effective Friday. (Bloomberg)

Russia's Direct Investment Fund is looking at acquiring assets in countries including Germany, Italy and Britain, said the head of the fund, Kirill Dmitriyev, in Davos, Switzerland on Thursday. (Bloomberg) Russia's gold and foreign exchange reserves rose to $499.7 billion in the week to Jan. 20 from $497.1 billion a week earlier, Central Bank data showed Thursday. (Reuters)

... $2.78 billion to $2.99 billion, the company said Friday. (Bloomberg) Gunvor Group has no plans to acquire Kuzbassrazrezugol, a spokesperson for Gunvor said Friday. (Bloomberg) Nordgold doesn't exclude offering minorities in its subsidiary High River Gold Mines the opportunity to swap shares into Nordgold's stock under a plan to boost trading volumes of Nordgold's depositary receipts in London, a Nordgold spokesperson said late last week. (Bloomberg)

There's much glitter in Agriculture Minister Yelena Skrynnik's reception area. Some of the sheen emanates from a gold-colored frame around a full-length mirror. More radiates from a nearby silvery imitation of an apple tree with shiny white fruit. There's much glitter in Agriculture Minister Yelena Skrynnik's reception area. Some of the sheen emanates...

Norilsk Nickel plans to spend $1.1 billion by 2016 to develop an eastern Siberian copper field and boost output of the highly conductive metal by 16 percent. The Bystrinsky deposit is expected to yield 62,000 tons of copper and 6.3 tons of gold in concentrate a year, first deputy chief executive Yury Filippov said. Norilsk plans to build a processing plant at the site by the end of 2016, he said. Norilsk seeks to expand copper production to diversify away from nickel. Norilsk will mine...

... case, which is set to go to full trial in October, Berezovsky claims that he owns half of the late Georgian's assets "under a handshake agreement that the two men made in 1995," The Times reported. The Times said the assets, which include gold mines, oil prospects and casinos, could be worth more than $3 billion. (MT, Reuters, Bloomberg) 179744

... Renda's delivery, Nome would run out of fuel by March or April, long before the next barge delivery is possible after one of the most severe Alaska winters in decades. Snow has piled up 3 meters or higher against the wood-sided buildings in Nome, a former gold rush town that is the final stop on the 1,850-kilometer Iditarod Trail Sled Dog Race. The 113-meter tanker began its journey from Russia in mid-December, picking up diesel fuel in South Korea before heading to Dutch Harbor, Alaska, where it took...

... founder of Rusmolco. Rusmolco combines nine dairy facilities located in the Penza region. At present its holdings consist of 133,000 hectares and 7,200 cows. Milk was the best-performing major commodity last year, topping gains in crude oil, cattle and gold, as surging U.S. dairy exports sent prices to their biggest annual gain in four years. An expansion in populations and incomes is fueling demand for dairy, used in products from baby formula to sports drinks, Bloomberg reported. 451822 179741

... complete the listing procedure as early as May, Provotorov said Friday. The London Stock Exchange has attracted a number of big Russian companies, which have secured listings over the last couple of years. In a recent example, steel giant Evraz and gold miner Polymetal joined the prestigious FTSE 100 benchmark last year. Some issuers choose London because of concerns that they might not be able to raise sufficient capital locally due to a lack of domestic investors, said Ruben Aganbegyan, president...

... dried up, the best performers have moved abroad, in a run on talent akin to the so-called brain drain of scientists and engineers who have also deserted mother Russia. Many performers have defected to the Montreal-based Cirque du Soleil — the new gold standard in acrobatic arts. Russians now make up about 35 percent of the Cirque du Soleil's 1,200-person crew of artists. Talent from other post-Soviet states also makes up much of its troupe. Russian acrobat Ruslan Yakimolin, dressed in a unitard...

... Shigayev, a director of the project. Southeast Asia's largest economy is the world's top producer of palm oil, the biggest exporter of refined tin and thermal coal, a major nickel miner and home to the world's second-largest copper mine and largest gold mine. The country's coal and palm oil assets are mostly located in Kalimantan. The railroad will connect an area close to the Balikpapan port through the Kutai Barat regency to the border with the Central Kalimantan province, where the line is expected...