Credit Suisse has made $74m (€54m) in less than a month after selling a 25% stake in a South African miner to Evraz, the Russian steel company backed by the country's richest man, Roman Abramovich.

Last month, Evraz and Credit Suisse together bought 79% of Highveld Steel and a majority stake in Vanadium. The buyers paid $6.84 per Highveld share.