Timir, Intergeo and Silver Bear wait for Chinese investors

As the Kommersant has got to know, Timir, Intergeo and Silver Bear are among Russian companies that are looking to attract Chinese partners for the implementation of new mining projects. However, in all three cases matters didn't come to concrete negotiations with investors. The surge of interest in investment from China began in the spring, just after the cooling of relations between Russia and the West, but just few companies managed to negotiate with the Chinese.

Timir (a joint venture of Evraz of Roman Abramovich and its partners with Alrosa), Intergeo of Mikhail Prokhorov and Silver Bear,the shareholders of which are Alexei Mordashov and co-owner of TechnoNikol, Sergei Kolesnikov, are ready to attract Chinese investors in their resource projects in Yakutia and Tuva. These investment projects were included in the list of proposals for the development of Russian-Chinese cooperation, prepared by Business Russia at the request of the Ministry of the Economy.

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