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By John Helmer in Moscow The fight between shareholders Mikhail Prokhorov and Vladimir Potanin over the future of Polyus Gold, Russia’s leading goldminer, escalated angrily at the board meeting on May 21, when chief executive Evgeny Ivanov called for a vote to eliminate independent director, Lord Patrick Gillford, from the slate to be submitted to […]

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By John Helmer in Moscow Market cuts $2 billion in capital value from Russian steelmaker as US acquisitions mount up. In a market of booming coal, coke, iron-ore and scrap prices, and still insatiable Chinese and Indian demand for steel, it stands to reason that the great vertically integrated Russian steelmaking groups, largely self-sufficient in […]