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RIA Novosti - Business - Mikhailovsky co. wins license for Russia's Udokan copper field
CHITA, September 10 (RIA Novosti) - A commission at Russia's mineral regulator has granted the Mikhailovsky mining company a license to develop a large copper field, Udokan, in East Siberia, a local government official said on Wednesday.
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RIA Novosti - Russia - Russia switches off national electricity monopoly
MOSCOW, June 30 (RIA Novosti) - Russia's electricity monopoly will cease to exist on Tuesday when wide-ranging reforms to the electricity market come into effect.
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RIA Novosti - Business - Russia set to become global leader in mining and metals sector
MOSCOW, June 24 (RIA Novosti) - Metalloinvest and Interros financial holding are proposing that billionaire Viktor Vekselberg's Renova join forces to create a major mining and metals company, Metalloinvest's owner Alisher Usmanov said on Tuesday.
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RIA Novosti - Russia - Russian GDP growth slows to 7.7% in May
As Russia continues to reap the benefits of high world oil prices, consumer price growth has proved to be a major problem for the Russian authorities, who plan to keep inflation within the projected 10.5% in 2008.
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Russian Mining Giants Mulling Merger ((BBL), BHP Billiton Ltd. (BHP), (BHP.AU), (BLT.LN), (GMKN.RS), (GNC.YY), (ITRS.YY), (MEV.YY), (NILSY), (RAL.YY), (RIO.AU), (RIO.LN), Rio Tinto PLC (RTP), (AU000000), (AU000000), (GB000056), (GB000718), (RU000728), (US
The merger would involve OAO Norilsk Nickel (GMKN.RS) with iron-ore and steel group Metalloinvest and United Company Rusal, bauxite miner and the world's largest primary aluminum producer.
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RIA Novosti - Opinion & analysis - EU to forge new strategic partnership with Russia
MOSCOW. (RIA Novosti political commentator Andrei Fedyashin) - On May 26, EU foreign ministers approved plans to begin discussing a new strategic partnership and cooperation agreement (PCA) with Russia.
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RIA Novosti - Opinion & analysis - What the Russian papers say
Companies wishing to develop the world's third largest Udokan copper deposit have requested the tender be postponed for a month. All requests will be accepted by mid-June, and the tender's results announced on August 14.
According to off-the-record reports, this was mostly done in the interests of an alliance between the state-owned defense industry super-corporation Rostekhonologii, nickel giant Norilsk Nickel and one of Russia's fastest growing mining and metallurgical holdings Metalloinvest because they have so far failed to coordinate joint operations.
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