Palladium

Results of Norilsk Nickel are worse than expected

The results of Norilsk Nickel for EBITDA and net profit were worse than market expectations, but the revenues results exceeded them.

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In H1, Norilsk Nickel bought over 5 tons of palladium for its fund

In the first six months of 2017, Norilsk Nickel bought more than 5 tons of palladium to its specialized fund, the company's CFO Sergei Malyshev told reporters.

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China Gold may enter projects in Taimyr and Kyrgyzstan

As the Kommersant has found out, the Chinese state-owned company China Gold is interested in the projects of Musa Bazhaev’s Russian Platinum in Russia and Kyrgyzstan with investments of up to

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Norilsk Nickel to announce interim financial results for H1 2017 under IFRS on August 15

On August 15, 2017 PJSC MMC Norilsk Nickel, the world's largest producer of palladium and refined nickel, is to announce its financial results for the first half of 2017, prepared in accordance

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Norilsk Nickel reduced nickel production in H1

In the first six months of 2017, Norilsk Nickel reduced its nickel production by 15% compared to the same period in 2016 to 103 thousand tons, the company reports.

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UGMK preliminary assesses reserves of Elanskoye deposit at 7.2 tons of gold

The Mednogorsky copper and sulfur combine (a part of UGMK) has preliminary estimated the gold reserves at the Elanskoye deposit in the Voronezh region at 7.2 tons, as it follows from the speech of

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In 2017, Norilsk Nickel to buy at least 5 tons of palladium for its fund

In 2017, Norilsk Nickel plans to purchase palladium for its specialized fund in at least the same amount as in the previous year, the company's financial director Sergei Malyshev told reporters

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Fitch gives rating of “BBB-(EXP)” to Norilsk Nickel’s bonds

Fitch Ratings has assigned the expected senior unsecured rating of "BBB- (EXP)" to the planned bond issue of MMC Finance Designated Activity Company (MMC Finance DAC) representing partici

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In 2016, Norilsk Nickel bought about 5 tons of palladium from market

In 2016, the palladium investment fund of the mining and metallurgical company Norilsk Nickel Global Palldium accumulated about 5 tons of metal (160 thousand troy ounces).

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In 2016, Norilsk Nickel increased its profit under IAS by 47%

In 2016, Norilsk Nickel increased its net profit under IAS by 47% to $2.531 billion due to the positive impact of exchange rate differences - strengthening the ruble exchange rate, the company repo

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