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Sanctions hurt Russian mine magnates

MOSCOW – Russia’s mining billionaires are starting to feel the sting of economic sanctions. Mikhail Prokhorov, whose investment empire stretches from the world’s largest aluminium maker to the Brooklyn Nets basketball team, recently explored whether fellow oligarchs, including Vladimir Potanin, were willing to buy a portion of his $2.7 billion (R29.5bn) stake in potash miner…

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