Norilsk Considers Mining Copper, Nickel in Central Russia
Bloomberg reports that Norilsk Nickel (LON:MNOD) is considering mining copper and nickel in Voronezh region, central Russia.
Bloomberg reports that Norilsk Nickel (LON:MNOD) is considering mining copper and nickel in Voronezh region, central Russia.
Mineweb.com reports that Norilsk (LON:MNOD) decided to sell its' majority ownership in Stillwater mining (NYSE:SWC).
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 [...]
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.
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
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
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
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
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
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
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