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14 AUGUST 2003  

MMC Norilsk Nickel is rising in price on the basis of the gossips that it is buying British Lonmin

According to Vedomosty, yesterday the shares of Norilsk Nickel Company suddenly rose in price by 3,5 - 5%. This increase is based on the gossips spread in the market that the company is acquiring British platinoids mining company Lonmin. However, both Lonmin and Norilsk Nickel deny this fact flatly. Lonmin Plc is the world’s third platinum group metals manufacturer.



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