Norilsk Nickel has purchased a 20-percent stake in the gold producing company Gold Fields Limited at $1.16bn, the press service of the Russian company reported. The deal was made through Norilsk Nickel's 100 percent subsidiary Norimet (London). BMO Nesbitt Burns Inc. was the financial consultant of the deal.
Gold Fields Limited is one of the largest gold producers in the world with an annual output volume of 4.3m oz. The company runs projects on five continents (Africa, Europe, North America, South America and Australia). It main production facilities are located in South Africa, Ghana and Australia.
Russia may terminate all kinds of military and military-technical relations with Israel, including the agreement on the exchange of reconnaissance data
The Ilyushin 20 (Il-20) military electronic reconnaissance aircraft of the Russian Air Force with 14 servicemen on board that went off radar screens off the coast of Syria was shot down by Syrian air defense systems over the Mediterranean Sea