Russian Platinum gets the licence for Norilsk-1

OJSC Amur Gold-Mining Cooperative (part of “Russian Platinum”) has received the licence for the right to use subsurface resources at the site of federal significance, including the south part of the deposit Norilsk-1 (Krasnoyarsk region), a spokesman for the company said to Prime agency. According to him, the licence was registered by Rosgeolfund on August 9th.

The results of the contest by Rosnedra were summarized on June 18, 2012. Amur won the tender for extraction, but could not get the licence for about a year. Norilsk Nickel (GMKN) filed a lawsuit against the tender results. The situation has been aggravated with amendments into the “Subsurface law”, dated December 2012, under which the similar licenses are only distributed via auctions.