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19 MAY 2006  

Vedomosti: RioNor will search for gold

RioNor Geological Searching – the joint venture of MMC Norilsk Nickel and Rio Tinto – can start gold searching in Russia.

In 2005 Rio Tinto directed $110 mln into geological searching of new areas, $83 mln – for development and $57 mln – for additional searching. In 2006 the company plans to increase financial support of these goals.



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