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27 Nov

Nornickel exits Nkomati joint venture in South Africa

Russian miner Nornickel is exiting the Nkomati copper-nickel mine joint venture in South Africa, through a deal with African Rainbow Minerals (ARM), Kallanish reports. Its subsidiary Norilsk Nickel Africa Proprietary Limited (NNAf) has entered into a definitive agreement with ARM to transfer its 50% interest in Nkomati Joint Venture. Financial details of the agreement were not disclosed. The JV has been on care and maintenance since March 2021, when mining oper…
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