Financial Times FT.com

Miners get out picks and shovels

By Emiliya Mychasuk and Emiko Terazono

Published: July 3 2008 03:00 | Last updated: July 3 2008 03:00

Picking the top of the market is a feat but directors of mining and oil companies have been leading the way with profit-taking before June 30.

Among those who have done their best with recent share sales are the board members of "Swiss- Ukrainian" iron ore group Ferrexpo, controlled by 33- year-old billionaire Kostyantyn Zhevago .

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