Luma de Oliveira, a former model and actress who famously wore a collar with Batista’s name during a Carnival parade, filed suit against the former billionaire for allegedly failing to declare the full value of his assets when they ended their 13-year marriage, according to court documents published by Veja magazine. A gold mine worth hundreds of millions of reais was allegedly left out of the settlement, the magazine reported.
Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
