UPDATE 1-Russia's Norilsk looking to sell Australian assets

Fri Jun 18, 2010 7:29am GMT
 

* Australian asset sale plans include gold mines

* Foreign company is the buyer

* Sees palladium prices up, copper and nickel stable

* Does not exclude interim dividends in 2010

(Adds quotes)

ST PETERSBURG, Russia, June 18 (Reuters) - Russia's Norilsk Nickel (GMKN.MM: Quote), the world's largest palladium and nickel miner said it had received an offer for some of its Australian assets, and that it planned to proceed with plans to divest them.

"Part (of Australian) assets we are preparing for sale, part we will keep," chief executive Vladimir Strzhalkovsky told reporters on Friday on the sidelines of the St Petersburg Economic Forum.

"There are gold mines there. We are not pressed for time. We will not let anything pressure us."   Continued...

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