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Nornickel sees capex rising by 2019-2020

By: Reuters     20th November 2017 Russia's Norilsk Nickel plans to increase capital expenditure to an average of $2.3-billion to $2.5-billion a year in 2019 and 2020 from about $2-billion in 2018 due to an environmental project and infrastructure modernisation, it said on Monday. Nornickel, part-owned by Russian businessman... 

NICKEL UPTURN:

By: Martin Creamer     10th November 2017 Russian mineworkers stand in a skip that is about to descend the mine shaft at the Taymyrsky mine, operated by MMC Norilsk Nickel PJSC, in Norilsk, Russia, which competes with Vale of Brazil as the world’s top nickel producer. Norilsk Nickel, which mines the rich deposits of nickel, copper and... 

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