Russia’s Lukoil, Norilsk Nickel cooperate on oil and gas project
Mining News Pro - Russian mining giant Norilsk Nickel and oil company LUKOIL are in the process of creating a large oil and gas project, the daily Kommersant reported on Tuesday.
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Norilsk Nickel board recommends 9-month 2020 dividend of $1.24bn
Mining News Pro - The board of Russia’s Norilsk Nickel on Tuesday recommended a nine-month dividend of 98.64 billion roubles ($1.24 billion), at 623.35 roubles per share, down sharply fall from 2019.
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Norilsk Nickel says it is entering new era of real-time mine control and connectivity
Mining News Pro - Russia’s MMC Norilsk Nickel, the world’s largest refined nickel and palladium producer, has released its annual Sustainable Development report for 2019. Digitalisation and innovation are a big focus, the company stating that R&D and innovation play a major role in taking forward Nornickel’s strategic priorities, from expanding its production to improving efficiency and reducing environmental impact.
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Norilsk Nickel growth strategy risks dividend cut
Mining News Pro - Norilsk Nickel plans to boost spending on new projects over the next decade to increase production and capitalize on the growing electric car trend, but investors may need to brace for lower dividends down the road.
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