The board of Norilsk Nickel (GMKN.MM) recommended a bumper $1.3 billion dividend on 2009 results. The move is enabling its shareholders, including two Russian giant miners to cash in for return to profit. Chief Executive Vladimir Strzhalkovsky is quoted saying: “Despite the fact that we had a recommendation to pay out 20-25 percent of net [...]
Continue reading "Norilsk Nickel Suggests $1.3B from 2009"
Thursday, May 27, 2010
The global nickel market will be in a slight deficit this year, reports metal consultant Metalytics Ltd, as demand is driven by increases in the steel market.
Continue reading "Nickel Market: Increased Demand Driving Deficit?"
Monday, August 3, 2009
OJSC MMC Norilsk Nickel declared preliminary consolidated production results for the second quarter of 2009 and first half of 2009 at its Polar and Kola Divisions in Russia and international operations in Finland, Australia, Botswana and South Africa. For full story, click here
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Sunday, August 2, 2009
MMC Norilsk Nickel is expecting to post EBITDA of just over USD 3 billion in 2009 on condition that nickel, copper and PGM prices remain at current levels throughout the second half of the year. For full story, click here
Continue reading "Norilsk Nickel has sought 2009 EBITDA will touch $3 bln"
Wednesday, July 29, 2009
MMC Norilsk Nickel expects to post EBITDA of just over USD 3 billion in 2009 on condition that nickel, copper and PGM prices remain at current levels throughout the second half of the year. For full story, click here
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Tuesday, July 28, 2009
MMC Norilsk Nickel has expected to post EBITDA of just over USD 3 billion in 2009 on condition that nickel, copper and PGM prices remain at current levels throughout the second half of the year. For full story, click here
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Monday, June 15, 2009
Reuters quoted the metals giant stated in a statement that Russian state bank VEB has purchased a 3.68% stake in the world’s top nickel producer Norilsk Nickel. For full story, click here
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Friday, June 5, 2009
Russian mining giant Norilsk Nickel has returned to profit in the first half of 2009 after posting its first ever loss in 2008 due to writeoffs. For full story, click here
Continue reading "Norilsk Nickel has returned to profit in H1"
Tuesday, June 2, 2009
By Leia Michele Toovey- Exclusive to Nickel Investing News On Monday, Nickel prices extended last week’s rally; as positive manufacturing data out of China, the world’s third largest economy lifted the base metals. Extra impetus came as the weakening greenback made nickel more economical for holders of other currencies. Many analysts are still trigger shy [...]
Continue reading "Nickel onboard for a base metal rally"
Thursday, May 28, 2009
State conglomerate Russian Technologies is interested in taking 40 percent of Norilsk Nickel should the owners of the world’s leading nickel miner fail to repay debts to the state. For full story, click here
Continue reading "Russian Technologies has set eyes on Norilsk Nickel Stake"
For upcoming nickel investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
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Thursday, May 27, 2010