Botswana withdrew its decision to buy a 50 percent stake in South Africa’s Nkomati mine from GMK Norilsk Nickel PJSC because it can’t afford the price tag of just under 3 billion pula ($279 million).
Norilsk Nickel Mining News
River near the eponymous city of world's top nickel and palladium miner turns crimson.
The miner beat estimates after logging a 16% jump in Q3 nickel production, taking total output of the metal this year to 201,400 metric tons.
World's largest nickel and palladium producer will get rid of projects in Finland, Australia, Botswana and South Africa.