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However, the price was revised downward in early 2009 because of the Great Recession: Mechel was to pay for the asset US$425 million and issue 15% of the post-acquisition equity in preferred stock to the current shareholders of Bluestone Coal.
By year-end 2013, Zyzin had lost most of his fortune after a steep decline in Mechel's stock price. Forbes named this loss the "fiasco of the year," estimating Zyuzin's fortune as of December 3, 2013, at no more than US$300 million, or a mere 2 percent of the peak value. By late November 2013, banks held lien for 88% of Zyuzin's entire Mechel ...
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Major Russian stock market RTS Index with S&P 500 and Oil Spot Prices. All data are in percentages to 1 May 2008 values. A – Vladimir Putin criticises Mechel; B – 2008 South Ossetia war starts; C – Recognition of Abkhazia and South Ossetia by Russia; D – Alexei Kudrin "no systematic crisis" speech; E – measures to save major banks are adopted by the Russian government; F – 2007 ...
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www .osiskomining .com. The Osisko Mining Corporation (formerly Oban Mining Corporation) is a Canadian company that conducts mineral exploration work with a focus on seeking to develop a gold mine in Ontario or Quebec. The company adopted its name following the 2015 merger of five companies that resulted in the re-uniting of the executive ...
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