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10 NOVEMBER 2003  

Norilks Nickel will invest $50 mln into Natalkinskoe deposit exploitation

Finance Information Service publishes that the project of additional geological works at the Natalkinskoe gold ore deposit (Magadan region) is estimated at $50 mln. Now the deposit’s reserves are considered to be 420 tons of gold.

Norilsk Nickel Company possesses 100% of CJSC Polus, 50,6% of the Matrosov’s pit and 65,87% of Lena Gold.

Next spring the company is expected to form stock and technological structure of Golden Company uniting all its gold mining assets.



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