Yes it is the Mini Russel. I have been very happy with it. The ergonomics are just as good as in fixed blade Russel's, the lock is sturdy and mechanic's work fine. I'm not sure about the blade steel but so far it has worked well, I have done only light cutting with it.Is that the 340S Mini Russell? I've been looking to get a Grohmann for quite awhile now. You happy with yours?