A gold mine linked to employees of troubled miner Eurasian Natural Resources Corp, the FTSE100 miner, was sold for 18 times the price paid for it barely a year earlier, according to research by the Financial Times.
Little has ever appeared certain in the curious case of Eurasian Natural Resources Corporation, the FTSE 100 miner being investigated by (a) the Serious Fraud Office for alleged "fraud, bribery and corruption" and (b) the UK Listing Authority for ...
The problems add to a complicated picture for ENRC, a London-based but Kazakh-facing producer of minerals from iron ore to coal, which received an indicative takeover offer last week but is also the subject of an investigation by the Serious Fraud Office.
Shares in Eurasian Natural Resources Corporation (ENRC) slipped sharply on Monday as the FTSE 100 miner outlined details of last week's spurned takeover bid by its oligarch founders and the Kazakhstan government.
�The Government considers ENRC to be one of the most important mining assets (�) active participation and involvement of the Government is natural (�) there are many rumors and speculations (�) however, there has been no deal closed so far.
The head of a Eurasian Natural Resources Corporation subsidiary hit by whistleblower allegations of impropriety is expected to step down in the latest upheaval at the London-listed mining group.
The struggle over a buyout of minority investors by the Eurasian Natural Resources Corporation has focused attention on the role of Suleiman Kerimov, the Russian billionaire who bought a stake in the scandal-hit Kazakh mining company as it hit a four ...
Polymetal International PLC (LON:POLY), Fresnillo Plc (LON:FRES) and Eurasian Natural Resources Corporation (LON:ENRC) suffer weakness. The FTSE 100 has seen little change on yesterday's close this morning, currently down 11 points to 6,711, but ...
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