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24 SEPTEMBER 2003  

Norilsk Nickel shares are growing in price in connection with Lena Gold acquisition

IA Norilskie Novosty informs that the price of Norilsk Nickel shares has increased up to $47,5 (+5,6%).

The growth of interest to Norilsk Nickel bonds in course of the recent two days is explained by the company’s having become the winner of the auction fo Lena Gold Company’s shares selling. This purchases allows Norilsk Nickel to have hopes for the Eurasian largest gold ore deposit Suhoy Log. Moreover, now Norilsk Nickel has become Russian largest gold mining company and intends to enter the list of five world’s leaders in gold production. .



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