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GLD 383.12+0.8%Nov 26 4:00 PM EST

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From: Haim R. Branisteanu6/15/2020 1:41:26 AM
  Read Replies (3) of 218055
 
Norilsk Nickel’s Arctic disaster revives investor concerns

Russian metals group faces tighter regulations after huge diesel spill as risks grow from climate change. - (and it is not only their fault!!)



ft.com

Norilsk Nickel, the metals group controlled by Russia’s richest man Vladimir Potanin, has generated the highest shareholder return of any large diversified miner over the past five years. But a huge diesel spill in Siberia that has turned two rivers crimson and threatened a vast area of pristine wilderness has rekindled investor concerns. “You have to wonder about the resilience of other assets in the Arctic after this,” said Tal Lomnitzer, a senior fund manager at Janus Henderson.

#nickel #fisheries #diesel
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