EXPLORATION & DEVELOPMENT

Norilsk flags huge resource spend

RUSSIA’S Norilsk Nickel will spend up to $US10.9 billion ($A10.7 billion) between now and 2025 to build its resources, develop new mines and expand existing operations and is aiming to jump into the top five mining companies in the world.

Kristie Batten

Norilsk flags huge resource spend

The company will focus on exploration to grow its reserves to increase production as part of its technical and operational strategy. Exploration spending in the Norilsk and Murmansk regions of Russia...

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