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Nornickel settles dispute with Botswana and BCL

Russian mining company Norilsk Nickel (Nornickel) has settled its dispute with the government of Botswana and BCL over the sale of its African assets, including a 50% interest in the Nkomati joint venture (JV). As part of the settlement, the parties have waived any and all claims against each other in connection with the transaction. Nornickel said it had received a cash compensation, without disclosing the amount.

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