The Murmansk reg. entrails department prolonged the Nornickel-held license on the development of Allarechenskoe field (copper, nickel, etc), the company informed.
The license expires in Dec. 2016.
Nornickel (TIN 8401005730) is the largest diversified mining-metallurgic company and nickel/palladium maker. Besides, it is a producer of associated metals. The basic divisions are located in Taimyr, Kolsky and Murmansk regions. The foreign assets involve the entities in Finland, Australia, South Africa. In
2009 282.89ths ton of nickel were produced to compare with 300.6ths ton prior year. The output declined to 402.21ths ton from 419ths ton last year: 2805ths ounce of palladium; 661ths ounce of platinum being extracted.
The share capital is split to 190627747 common stocks of 1 rub. par each.
The IH 2012-net profit (IAS) lost 18.54% to gain $1.481bn from $1.818bn; revenues from sales being down 19.2% to $5.9bn from $7.34bn; operating profit - 37.65% to $2.11bn from $3.384bn; pretax profit - 34.96% to $2.035bn from $3.129bn; EBITDA - 33.32% to $2.494bn from $3.74bn.
The 9-month net profit (RAS) was pushed down 21.13% to 80.845bn rub. from 102.499bn rub. prior year. The revenues dropped 12.47% to 209.274bn rub. from 239.075bn rub.; profit from sales - 26.94% to 112.518bn rub. from 154.004bn rub.; pretax profit - 19.11% to 104.21bn rub. from 128.831bn rub