Business
Russian billionaire Abramovich sells out in $1.4bn gold deal – MINING.com
Roman Abramovich and his partners are selling a 40.06% stake in Russian mid-sized gold producer Highland Gold.
Russian billionaire Roman Abramovich is selling his stake in local mid-sized gold miner Highland Gold (LON: HGM), the latest in a series of mining deals involving the precious metal, which is trading at record highs.
Abramovich and other investors holding 40.06% of the Russia-focused gold miner have agreed to sell their shares to Fortiana Holdings Limited in a deal that values Highland at about $1.4 billion.
Fortiana, a Cyprus-registered company of Russian businessman Vladislav Sviblov, will m…
-
Noosa News24 hours agoWhy Brisbane needs to (re)embrace Los Angeles
-
Noosa News21 hours agoTayla Harris stars as Melbourne defeats Essendon by 14 points
-
General23 hours agoUK names Sarah Mullally as first female Archbishop of Canterbury to lead Church of England
-
General23 hours agoSussan Ley responds to Andrew Hastie’s Shadow Cabinet resignation