UC Rusal Defers $700m Norilsk Nickel Payment

Russian aluminium major RUSAL has agreed with billionaire Mikhail Prokhorov to defer again a $700 million tranche for the purchase of his stake in mining giant Norilsk Nickel, a newspaper said on Monday...

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Source: Reuters

Polyus Gold Cleared To Buy 50.1% in KazakhGold

Polyus Gold, Russia's largest gold mining company, said on Monday it had received approval from Kazakhstan's government to buy 50.1% in KazakhGold...

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Source: Ria Novosti