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    market news

    Norilsk Announces Nickel Concentrate Output for 2011 from African Mines

    Investing News Network
    Feb. 09, 2012 02:15PM PST
    Base Metals Investing

    Mining Weekly reported Norilsk Nickel (LSE:MNOD) says it mined 15 161 t of nickel in concentrate at its African operations last year.

    Mining Weekly reported Norilsk Nickel (LSE:MNOD) says it mined 15 161 t of nickel in concentrate at its African operations last year.

    As quoted in the market news:

    Norilsk Nickel Africa comprises two operations. These are Tati Nickel, in Botswana, which is 85%-owned by the Russian group (the remaining 15% being held by the Botswana government) and Nkomati Nickel, in South Africa, which is a 50:50 joint venture with South Africa’s African Rainbow Minerals (ARM). Management control of Nkomati is vested in ARM.

    Click here to read the full Mining Weekly report.

    norilsk nickelmarket newsjoint venture
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