Source Pravda.Ru

Norilsk Nickel closes deal with Stillwater

The Russian metal giant Norilsk Nickel has successfully closed a deal of buying a 51-percent stake in the US-based Stillwater Mining Company, the Norilsk Nickel's press service reported. Stillwater additionally issued over 45.46m common stocks to be bought by a Norilsk Nickel's 100-percent subsidiary. The Russian company paid around $100m and transferred nearly 877,000 ounces of palladium for the stocks. Thus, the total of the deal equaled about $257m.

From now on, the Stillwater Board includes 9 directors, five of which are representatives of the Norilsk Nickel. Stillwater Chairman of the Board Francis McAllister claimed the deal to be unique and the one to further strengthen positions of the single producer of palladium in North and South America. Norilsk Nickel General Director Mikhail Prokhorov said, in his turn, the deal was to an advantage for both companies and the next step towards the strengthening of Russian-US relations in general.

© &to=' target=_blank>RBC

&to=' target=_blank>Norilsk Nickel

The new anti-aircraft missile systems of the S-500 will have a number of advantages. The S-500 is believed to be a universal anti-aircraft long-range and high-altitude missile interception system with an enhanced missile defense capability

Russia's S-500 Prometey to nail USA's THAAD to the wall

All amateur photos and video materials depicting the moment of Kennedy's assassination had been confiscated and immediately classified. The main amateur video, which was made as the motorcade was traveling on the street, was edited in a way to exclude the version about the existence of another shooter

Donald Trump to become America's another John Kennedy

An unidentified man broke into the office of Echo of Moscow (Ekho Moskvy) radio station on October 23 and stabbed radio host Tatyana Felgenhauer. The incident occurred in the afternoon, the victim was hospitalised, her life is out of danger

Echo of Moscow radio journalist stabbed in her throat in Moscow office