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Wednesday, 15th June 2005 (4366 views)

Norilsk Nickel has released its financial results for 2004, reporting a 34 per cent increase in its gold sales revenue.<br/><br/>According to the results, covering the year until December 31st 2004, gold sales revenues increased to $493 million. <br/><br/>Additional figures show the firm saw the amount of gold produced increase to 1.211 million ounces, compared to 941,000 in 2003.<br/><br/>The key gold producer during the period was Polyus, Norilsk's gold mining unit, which produced 1.080 million ounces during the year.<br/><br/>Norilsk also has a 20 per cent share in South Africa's Gold Fields, the fourth biggest gold producer in the world.<br/><br/>The main shareholders in the firm are chief executive Mikhail Prokhorov and president of parent company Interros, Vladimir Potanin.<img alt="track" src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=8751495"/>

 

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