Russian tycoon Andrey Komarov is setting his sights on precious metals mining after selling ChelPipe PJSC, the pipe maker that made him a billionaire. Komarov is talks to purchase the Kumroch gold deposit in Russia’s Far East from billionaire Viktor Vekselberg’s Zoloto Kamchatki, according to people familiar with the matter, who asked not to be identified as it’s private. He’s also interested in investing in the Fedorova Tundra platinum and palladium project in the Murmansk region, the head of the company that owns the deposit said in March. While demand for steel pipes fell during the coronavirus crisis, ... (full story)