Bre-X




John Felderhof, near pillar at right, shows library core to mining analysts at Busang.

Commentary: Busang criticisms led to distortion

In this, the conclusion of a 2-part report, the author examines additional warning signs, or “red flags,” which supposedly should have been obvious to those involved in the Busang project in Indonesia…



OSC brings charges against Felderhof

Two years after Bre-X Minerals’ Busang gold deposit in Indonesia was revealed to be a fraud, securities regulators are laying charges against the company’s former vice-chairman, while police have ceas…



Bresea merger on hold

A takeover offer from MacDonald Mines Exploration (MMP.A-A) that would have seen a merger with moribund Bresea Resources has been scotched by Bresea’s receiver, Pricewaterhouse Coopers.MacDonald offer…



Bre-X founder dies

David Walsh, the stock promoter behind the meteoric rise of disgraced junior Bre-X Minerals, died June 4 at age 52 following a massive stroke.Walsh was admitted to a Bahamian hospital May 31 and had b…



Bre-X action names Barrick

Claiming that Barrick Gold (ABX-T) knew as early as October 1996 that Bre-X Minerals’ Busang gold deposit was a hoax, lawyers representing shareholders in a class-action suit have named the gold produ…


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