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Russian mining behemoth Nornickel partially suspends mines due to flooding

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(Kitco News) - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, today announced that it has partially suspended its Oktyabrsky and Taimyrsky mines.

According to the company’s statement, on February 12, during tunnelling operations, natural groundwater inflow was detected at the 350 meters depth mark in the mine headwall at the Oktyabrsky mine. Due to the increased water inflow to the drainage systems of the mine and in accordance with safety procedures and applicable law, the company has partially suspended operations at the mine until flooding ceases. The waterlogging is currently being eliminated.

Nornickel noted that operations at the Taimyrsky mine have also been partially suspended, since there are connected underground workings between the two mines, and water has found its way into this mine’s horizon.  

The company added that it will assess the impact of the partial mine suspension on its metal production guidance once the relief operation is complete.

Norilsk Nickel is a diversified mining and metallurgical company, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper. The company also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, sulphur and other products. The production units of Norilsk are located at the Norilsk Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as well as in Finland and South Africa.

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