Norilsk takes South African foothold (April 05, 2004)

Russian miner Norilsk Nickel has bought Anglo American's (AAUK-Q) 20% stake in South African-based Gold Fields (gfi-n) for US$1.16 billion in cash.Norilsk bought 98.5 million ordinary shares in the world's fourth-largest gold miner for 77.50 rand per share, or about...

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