Potanin buys partner’s stake in copper and gold mine near China

Russian billionaire Vladimir Potanin has bought his partner Grigory Berezkin’s stake in the Bystrinsky mine in Russia’s Far East, representatives for the two businessmen said on Tuesday.

Russian mining giant Norilsk Nickel, known as Nornickel and which is co-owned by Potanin and holds a 50% stake in the remote copper and gold mine, has been looking for a partner in the ambitious project for several years.