GMK Noril'skiy nikel' OAO : Russian President Vladimir Putin Hailed Valiant Work of MMC Norilsk Nickel Miners
08/24/2012| 09:48am US/Eastern
August 24, 2012 - On the eve of Miner's Day, Honored Miner of
Russian Federation title was conferred on four employees of
OJSC MMC Norilsk Nickel (hereinafter - the Company).
Corresponding decree was signed by Russian President Vladimir
Putin on July 12.
Awards were given to workers of the Company's Polar Division:
Alexander Lisitsin - mining operations master at Komsomolskiy
mine, his colleagues, Sergei Churshukov - miner and Sergei
Shpak -blasting operations master, as well as to Sergei
Pershukov - locomotive motorist at Taimyr mine.
This is not the first award workers of MMC Norilsk Nickel's
mining complex received in the last six months. In accordance
with the decree of Industry and Trade Minister Denis
Manturov, issued on the eve of Metallurgist Day, Honored
Miner title was conferred on the workers of the
Northern mine: Petr Kosigin - electric technician and Sergei
Polukhin - scooptram machinist. Additionally, certificates of
honor were awarded to Alexander Kotov - head of underground
explosives storage facility of Northern mine, Alexander
Kuznetsov - timber-man of Kaula-Kotselvaara mine and Mikhail
Nazarov - Kaula-Kotselvaara longwall miner.
Russian President Vladimir Putin personally congratulated
miners of Norilsk during the videoconference held on the eve
of Miner's Day.
"This is, without exaggeration, a holiday of real toilers,
strong and brave people, people you can always lean on in
difficult times. Miners are indeed people made out of hard,
unswerving rock. Your work gives birth to the character,
reinforces it, promotes fortitude and dignity of a working
man, generates pride for your profession, traditions of true
brotherhood, traditions, which live in miner dynasties and
are passed on from one generation to the next" noted Vladimir
Company's management joins the congratulations of the
country's senior leaders and wishes its employees continued
Development of a resource base is currently a priority for
MMC Norilsk Nickel. The Company cares for the safety of its
employees, continuously implementing new technologies at its
mining facilities. The amount invested into this area grows
considerably every year. RUB 13 bil. were allocated
towards mineral resource complex (MRC) development in 2011,
RUB 17.7 bil. in 2012. In total, it is planned to allocated
RUB 120 bil. to these goals by 2016.
The funds are spent on deposit stripping, preparatory and
mining works at the mineral deposits, construction of new
objects as well as modernization and procurement of new
equipment. This way, the Company will receive 122 units of
mobile diesel-powered equipment designed for different
purposes in 2012 with a total value of RUB 3.2 bil. The
equipment is purchased from such leading companies as Atlas
Copco, Sandvik, Caterpillar, Normet and Paus.
In accordance with the Company's 2025 production development
strategy, Norilsk Nickel is implementing a system of
activities aimed to replenish mineral resource base and
increase ore production at deeper horizons. For this reason,
the project targeted at increasing production capacity of
Komsomolskiy mine for all types of ores to 8 600 by 2025 is
being implemented. Two shafts 2056 and 2052 meters deep are
being constructed at Skalistiy section of Komsomolskiy mine.
Their commissioning is planned for 2017 and 2019; these will
be the deepest shafts in Russia, they will ensure production
of 1.5 mil. tons of ore per annum and transportation of
workers and technical goods. Innovative features of this
project include an air conditioning system designed to work
with air temperature of up to +40 degrees at deeper horizons.
Considerable investment made into Taimyr mining industry not
only establish highly efficient production facilities and
create employment opportunities, they also contribute
significantly towards reinforcing the Russian presence in the
Arctic region, national security and stable social and
economic development of extreme north regions.
ABOUT MMC NORILSK NICKEL
MMC Norilsk Nickel, a company incorporated under the laws of
the Russian Federation, is the largest diversified mining and
metals company in Russia, the world's largest producer of
nickel and palladium and one of the world's largest
producers of platinum, rhodium, copper and cobalt. In
addition to this, MMC Norilsk Nickel produces a large number
of other by-products, including gold, silver, tellurium,
selenium, iridium and ruthenium.
The key production units of the Company's group in Russia are
at the Taimyr and Kola Peninsulas. MMC Norilsk Nickel
international assets include operations in Finland,
Australia, Botswana and South Africa.
MMC Norilsk Nickel's shares are traded at MICEX-RTS. ADR's on
the Company's shares are traded on the other the counter
market in the US and at the London and Berlin stock