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DRYBLOWER
Dryblower: Bill Beament downsizes for the upside
BILL Beament, executive chairman of Northern Stars Resources, is not alone in “downsizing”. <i>Dryblower</i> has spotted a trend among senior mining company executives which mimics Beament’s planned migration from A$12 billion Northern Star to $130 million Venturex.
One reason for the shift from big to small is a growing belief that the resources world is at the start of a decade-long supercycle of strong commodity demand, restricted supply, and high prices. If...
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