Friday, June 8, 2007

Norilsk profit up 154 pct on metals, one-off sale

(Reuters) - Norilsk Nickel, the world's largest nickel and palladium miner, said on Friday 2006 net profit more than doubled on record prices and the sale of a stake in South African miner Gold Fields Ltd..

Norilsk, owned by Russian billionaires Vladimir Potanin and Mikhail Prokhorov, said net profit rose 154 percent last year to $5.965 billion, beating analysts' forecasts.


Read more at Reuters Africa

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