Court Closes GMK Noril'skiy nikel' OAO's Suit on Western Flank of Oktyabrskoye Deposi-Interfax

Monday, 21 Jan 2013 04:15am EST 

Interfax reported that The Moscow Court of Arbitration on Monday terminated its proceedings on GMK Noril'skiy nikel' OAO's lawsuit to invalidate the Russian Federal Subsurface Resources Agency's (Rosnedra) tender or the rights to the western flank of the Oktyabrskoye field, an Interfax correspondent reported from the courtroom. The decision was based on the Company having dropped the lawsuit. According to the ruling, the court accepted Norilsk Nickel's dismissal of the lawsuit and terminated its proceedings. While presenting at the court session, the Company's representative said that an order declaring the tender void was adopted on December 30. 

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