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The Batista 'bubble' is bursting

Frik Els | July 13, 2012 | 12:41 am Precious Metals Latin America Gold Iron Ore 

Bloomberg in a rather breathless piece titled 'Batista Loses $15 Billion As Brazil Awakes From Dream' tracks the dwindling fortune of Eike Batista, the world of mining's richest person. On Thursday Batista was down to his last $20.7 billion as...

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