[miningmx.com] – NORILSK Nickel is to sell its South African and Botswanan assets for $337m to BCL, Botswana’s state-owned mining company bringing to an end its involvement in African resources, said BDLive.
“This marks Norilsk Nickel’s full exit from its African business, which together with earlier disposals of Australian assets represents the complete exit from international operations marked for disposal,” first deputy CEO Pavel Fedorov told BDLive.
Norilsk stated its intention to sell its 50% of Nkomati Nickel, which it owned jointly with JSE-listed African Rainbow Minerals (ARM), and its 85% stake in Tati Nickel Mining in Botswana towards the end of last year, said BDLive.
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