Russia: Petropavlovsk to buy Amur Zoloto

Companies of the businessman Musa Bazhayev suggest correcting the agreement on selling Amur Zoloto to Petropavlovsk and receiving 20% in Petropavlovsk instead of 30.3%. In April Petropavlovsk signed an agreement to buy Amur Zoloto for $144 million from Alliance Mining Group and Lexor Group, controlled by Bazhayev. According to the agreement, his companies had to…

Ukraine: Kurchenko gets control over Antrazit

Businessman Sergey Kurchenko, who is hiding from Ukrainian law-enforcing service in Russia, has gained control over the state enterprise Antrazit, situated on the Ukraine-uncontrolled territory of Lugansk region. In particular, the new general director of Antrazit is now Alexander Ermakov, connected with Kurchenko. Before that Antrazit was controlled by the terrorist-organization of Lugansk People’s Republic…