Armand Beaudoin, who played a major role as a vendor in the Indonesian staking rush following the gold “discovery” of Bre-X Minerals in the mid-1990s, has died.
His career as a prospector began in northern Quebec in the 1950s. After working at the Oceanic iron ore project in the Ungava with John McOuat and Thomas Griffis, he made his way to Australia, the site of a burgeoning nickel boom.
Following several successful deals in the late 1960s and early 1970s, he traveled to Indonesia, eventually settling in Jakarta. There, in the mid-1990s, he helped several hopeful juniors secure ground during the fervent staking rush that resulted from Bre-X’s claims that it had found the world’s largest gold deposit.
After the area play dissolved and the staking rush collapsed, Beaudoin ventured to Mongolia, where he acquired and vended properties.
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