Russian billionaire Vladimir Iorich keeps a low profile, but has shown he’s ready to play for high stakes – as some shareholders in mining companies he covets have discovered.
Certainly the folks at Gazprom are having a good snicker, reveling in the mockery that has been made of what should have been a landmark Ukraine-Spain gas deal that would have loosened Russia's gas grip on Kiev.
The Canadian government has approved the construction of a huge open-pit iron ore mine above the Arctic circle in the country's northernmost territory of Nunavut.