Hambro’s Dream of Russian Gold Runs Into Mountain of Debt
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Peter Hambro dared to go where few others would, in search of gold in 1990s Russia. Investors who followed him reaped tenfold returns over eight years through 2010.
A repeat of that rich success now looks far away as Petropavlovsk Plc, the company Hambro co-founded, confronts a mountain of debt.