I have always been a sucker for fairy tales, perhaps because I’m a kid at heart and have always wished they were true.The rags-to-riches story of Bre-X Minerals, the small Canadian company that suppos…
Rumors, of course, fly better in a vacuum.Shares of Bre-X Minerals (bxm-t) took a wild ride on April 23, as rumors about the company’s Busang gold project in Kalimantan, Indonesia, proliferated thanks…
It is part of the human condition to seek comic relief when matters become too serious, which might explain the outbreak of black humor on Bay Street as investors in Bre-X Minerals await the results o…
More than 54 million shares of Bre-X crossed the trading floor as investors continued to bail outBase metal companies rolled with the punches over the report period ended April 8, as U.S. interest rat…
Widespread carnage among TSE golds; base metals also take a bashing The report period ended April 1 was no joke at the Toronto Stock Exchange, where the Bre-X Minerals bomb of the previous week turned…
The Bre-X story will probably play itself out on the world stage for months to come, but it is now safe to say that something went terribly wrong at the company’s Busang gold project in Indonesia.We w…
RTZ-CRA (RTZ-N) has gained a foothold in the Block A gold operations of Freeport-McMoRan Copper & Gold (FCX-N) in Irian Jaya, Indonesia.The deal calls for the former to acquire a 40% interest in produ…
With higher earnings and increased reserves, Freeport McMoRan Copper & Gold (NYSE) ended 1995 on a positive note.Income from its operations in Irian Jaya, Indonesia, increased 30% for the fourth quart…
With a new acquisition, First Dynasty Mines (TSE) has moved to an enviable address: next door to the renowned Grasberg and Ertsberg copper-gold deposits in the Indonesian region of Irian Jaya.The Mini…
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