Bre-X, the story of scoundrels at work, a litany of unchecked larceny, is laid wide open in this fast-paced presentation of history's biggest gold con. Authored by editor Vivian Danielson and geologist James Whyte of The Northern Miner in Toronto, this sad tale of mining fraud in the jungles of Indonesia lies like an open wound on the body of mineral exploration. The book chronicles the lives.
Directors of Bre-X, the troubled Canadian gold explorer, face a blizzard of legal actions from the US shareholders of the beleaguered company following investigations begun late last year by a.
John Felderhof, the former chief geologist and vice-chairman of Bre-X Minerals, was found not guilty on Tuesday of insider trading, bringing to a close one of Canada’s biggest corporate scandals.Start your review of Bre X: Gold Today, Gone Tomorrow. Write a review. May 18, 2011 Erica rated it it was amazing. Shelves: geology, mining, gold, indonesia, company-history. Amazing book that I couldn't put down. It reads like a great mystery thriller, complete with its own murder mystery and the greatest heist in history. Tells the story of the Bre-x fraud of the mid 90s, where they grew the.Bre-X: The Motion Picture, stars Matthew McConaughey It took nearly 20 years, but the fantastic tale of the Bre-X gold mine scandal is finally making it to the Hollywood screen big time. The Weinstein Corp. will begin lensing—as they say—in Thailand, New York and New Mexico in June, with a major film fest premiere scheduled for 2016.
Find link is a tool written by Edward Betts. searching for Bre-X 4 found (29 total) alternate case: bre-X. Medicine Hat News (388 words) exact match in snippet view article find links to article edition, on May 5, 1997, featured a story exposing unprecedented tampering by Bre-X Minerals at its gold mine in Indonesia. Two more ownership changes.
Bre-X, based in Calgary, saw its stock value soar when it began to promote the Busang mine in 1993. It told investors the deposit contained 71 million ounces of gold. Such was the excitement that.
Bre-X scandal haunts former president even at death June 5, 1998 Web posted at: 5:15 a.m. EDT (0915 GMT) TORONTO (Reuters) - David Walsh, the maverick Canadian mining promoter who died in the.
Buy BRE-X: The Inside Story of the World's Biggest Mining Scam by Jennifer Wells (ISBN: 9780752813653) from Amazon's Book Store. Everyday low prices and free delivery on eligible orders.
Freeport operates the giant copper-gold mine of Grasberg in Indonesia. Bre-X contracted PT Kilborn the Indonesian subsidiary of SNC Lavalin of Montreal for the resource estimate of the Busang gold deposit. However, the estimate was made using the bogus Bre-X assay data from the drilling. Their resource estimate totaled 3 million troy ounces. The last Kilborn estimate in February 1997 was 71.
Bre-X’s Busang deposit, investors believed, was going to be the most lucrative gold mine in history, and it was already making people rich. Take David Walsh and John Felderhof, for instance. Walsh, the CEO, and Felderhof, the top geologist, had decided to reward themselves for their hard work on behalf of shareholders by cashing in stock options and each buy a sprawling home in the Cayman.
I read Bre-X: Gold Today, Gone Tomorrow by Vivian Danielson a couple of months ago and found it to be pretty decent covering on the technical components. It also might point you in a decent direction for finding some people more familiar with the project. I tried finding some papers in addition to Hugo's and came up a little short.
Bre-X was a group of companies in Canada.Bre-X Minerals Ltd., a major part of Bre-X based in Calgary, was involved in a major gold mining scandal when it reported it was sitting on an enormous gold deposit at Busang, Indonesia (in Borneo).Bre-X bought the Busang site in March 1993 and in October 1995 announced significant amounts of gold had been discovered, sending its stock price soaring.
David Walsh, founder and CEO of Bre-X, has died at the age of 52 as a result of a brain aneurysm. Although his career ended in disgrace, Northern Miner editor Vivian Danielson remembers him rather.
Start with the biggest deposit of gold ever reported, in the headwaters of the Busang River in the steaming jungle of Borneo. The Canadian company Bre-X Minerals Ltd. didn't know about that when it bought rights to the site in 1993. But after Bre-X hired a high-living geologist to map the ore body, the deposit, along with the fever dreams that accompany gold, grew to monster size—by March.
A Canadian law society panel has found one of the country’s best-known securities lawyers, Joe Groia, guilty of professional misconduct for the tone and language he used years ago while defending a geologist at the centre of the high profile Bre-X gold scandal.The panel of the Law Society of Upper Canada has now asked a tribunals office to set a date for a hearing on penalties.