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But since then gold prices have soared, and last night hit the highest level in five months at $1,871 an ounce. It is the second major listing Mordashov has on the London stock exchange, following on from steel giant Severstal which went public in 2006. While many will cheer another multi-billion float, others in the City have reservations. Many of Russia s oligarchs have made their fortunes through natural resources – but their companies have sometimes raised eyebrows when they have joined the LSE. London-listed aluminium producer EN+ suffered when it was hit by US sanctions imposed on a number of Russian firms after the country was blamed for the attempted assassination of dissident Sergei Skripal and his daughter Yulia in Salisbury in 2018.

Sankt peterburgUnited kingdomVologda oblastVologodskaya oblastMashonaland eastAstrakhanskaya oblastCity ofAlexey mordashovJoe bidenYuri lipukhinJohn meyerAlisher usmanovSergei skripalJim collinsOleg deripaskaRoman abramovich