Bre-X

Bre-X, Barrick still talking as deadline expires

There was still no deal at presstime for the enormous Busang gold project in Kalimantan, Indonesia, but talks continued between Bre-X Minerals (BXM-T) and its blind date, Barrick Gold (ABX-T).Meanwhil…


Barrick poised to pounce on Busang

Its shotgun wedding with Barrick Gold (ABX-T) having been arranged by the Indonesian government, Bre-X Minerals (BXM-T) has until Dec. 4 to find a husband Jakarta might prefer.The dowry in this case g…


Bre-X cements “strategic alliance”

As two Indonesian companies and their Australian backer dispute the title to its Busang gold deposit, Bre-X Minerals (BXM-T) has moved to cement a relationship with a powerful friend.Bre-X and spinoff…



Bre-X shareholders to get dividend

Shareholders of Bre-X Minerals (BXM-T) will soon receive shares of Bro-X Minerals, a wholly owned subsidiary which acquired Bre-X’s interests in the Sable and Sangihe properties in Indonesia for $2.8 …


Bre-X keeps Busang close to its chest

Believing the law is on their side, officials at Bre-X Minerals (BXM-T) do not plan to bow to the demands of one of the company’s Indonesian partners for a bigger piece of the massive Busang gold proj…


Bre-X may sell all or part of Busang

Following consultation with Republic National Bank of New York and J.P.Morgan & Co., Bre-X Minerals (BXM-T) may be willing to sell part or all of its Busang deposit in Indonesia.Bre-X announced it wou…


Kavanagh to speak on Busang deposit

The Toronto Geological Discussion Group will address Indonesia’s Busang gold deposit on Nov. 5.Speakers will include Paul Kavanagh of Bre-X Minerals, which owns the deposit, and Egizio Bianchini of Ne…



Bresea and Diadem drilling Belitung

Drilling is under way at two Indonesian projects owned by Bresea Resources (BSR-M) and Diadem Resources (DIR-M).The projects are on a 579-sq.-km property on Belitung Island, situated between Sumatra a…



Bre-X upgrades resource at Busang

With five diamond drill rigs at work, Bre-X Minerals (BXM-T) is pushing hard to outline 50 million oz. gold, in the measured and indicated resource categories, by year-end at its Busang gold project i…


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