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By John Helmer in Moscow Alrosa’s new management, headed by Fyodor Andreyev (right picture), has announced this month that, despite one of the worst years on record for global diamond demand, the Russian company expects to sell roughly the same dollar value of diamonds this year as last, and to earn a bottom-line profit as […]

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By John Helmer in Moscow One celebration drink too many in Bar Vogue, in downtown Almaty, has turned out to leave a very bad taste for lawyers advising hard-rock mining and oil project start-ups in Kazakhstan. In a 216-page judgement issued this month, after three years of litigation across half the globe, a group of […]

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By John Helmer in Moscow The Far Eastern Shipping Company (Fesco), owned and run by Sergei Generalov, Russia’s largest dry-shipping operator, is to receive a state guarantee for loan repayments of Rb1.5 billion ($52 million), and will apply this to a loan of Rb2.5 billion ($86 million), which is being finalized this month with state […]