Putin’s Bank to Help Finance Siberian Copper Project
Bloomberg reported that VEB, a Russian state development bank chaired by Vladimir Putin, will lend up to $300 million to Baikal Mining Co. to finance its Udokan copper project in Eastern Siberia.
Articles Tagged "Siberia"
Norilsk May be Involved in Udokan
Russian Technologies is considering having Norilsk Nickel join with them and Metalloinvest if they are to win their bid for the big Udokan copper field in Siberia. Udokan is one of the world’s largest untapped copper fields and stands to provide Russia with 15 percent of its current output of copper. Russian Technologies head Sergei [...]
