Norilsk Board Approves Investment Plan

Reuters Africa reported Norilsk Nickel (LSE:MNOD) has approved a $3 billion plan for development and production at its mines.

As quoted in the market news:

Norilsk, the world’s biggest nickel and palladium producer, plans to raise nickel output this year to between 300,000 and 315,000 tonnes from 297,329 in 2010.

Click here to read the full Reuters Africa report.