"In July, 2008, was stripped of its license. n officials then granted exploration permits for half of the deposit to a much smaller company: is, by some estimates, the richest man in Israel; according to , his personal fortune amounts to some nine billion dollars. Steinmetz, who made his name in the trade, hardly ever speaks to the press, and the corporate structures of his various enterprises are so convoluted that it is difficult to assess the extent of his holdings. The was a surprising addition to Steinmetz’s portfolio, because B.S.G.R. had no experience exporting . A mining executive in Guinea told me, “Diamonds you can carry away from the mine in your pocket. With iron ore, you need infrastructure that can last decades.”"
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Non-fiction authors from the United StatesJournalists from the United StatesColumbia University alumniUniversity of Cambridge alumniYale University alumni
Original Language: English
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Patrick Radden Keefe
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