Palladium, Russia Metals and Mining

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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Norilsk Nickel reduced production of palladium by 2.6%, platinum – by 1.8%

In 2016, Norilsk Nickel reduced the production of palladium by 2.64% compared with the previous year to 2.618 million ounces (81.428 tons), platinum - by 1.83% to 644 thousand ounces (20.031 tons),

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In January-September "Norilsk Nickel" reduces PGM production by more than 4%.

In January-September 2016 MMC "Norilsk Nickel" reduced the production of palladium by 4.44% - up to 1.98 million ounces (61.58 tons), of platinum - by 4.68% to 489 thousand ounces (15.21

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Norilsk Nickel reduced nickel output by 8%, palladium – by 4% over 9 months

MMC Norilsk Nickel reduced nickel output by 8% against Jan-September 2015 to 177 thousand tons, palladium – by 4% to 1.98 mln ounces, platinum – by 5% to 489 thousand ounces, the compan

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Polymetal evaluates resources of Viksha at 205.3 tons of gold and PGM

Polymetal Int (JSC “Polymetal”) evaluated the mineral resources of palladium, platinum, gold and copper at the deposit Viksha.

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Russia increased palladium production in Jan-August by 6.4%, Rosstat

Russian Federation increased palladium bullion and its alloys production by 6.4% in January-August 2016 compared with the same period a year earlier, Rosstat states.

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Polymetal estimates resources of Karelian Viksha at 205.3 tons of gold and platinum group metals

Polymetal Int (combines assets of Polymetal) has initially estimated the mineral resources of palladium, platinum, gold and copper at the Viksha deposit; the total amount of precious metals is esti

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In 2016, Palladium Fund of Norilsk Nickel to buy up to 6 tons of metal

The Global Palladium Investment Fund, created by Norilsk Nickel in February of this year, could buy about 6 tons of palladium beofre the end of 2016, the company’s CFO Sergei Malyshev told th

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Norilsk Nickel reduces platinum and palladium output

In Q2 2016 Norilsk Nickel produced 688 thousand troy ounces of palladium (+7% against Q1 2016) and 162 thousand ounces of platinum (-5%) respectively.

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