The Aftermath of the Bre-X Minerals Ltd Scandal The Bre-X fraud was perpetrated by the simple act of contaminating core samples with gold dust taken from gold jewelry and other mining sites. With the highly suspicious death of Michael de Guzman in 1997, as well as the subsequent death by ...
The Curtain Falls Meanwhile, a storm of securities lawsuits arose around Bre-X, which vigorously protested that this was just an unfortunate series of misunderstandings. But it was too late. The collapse of Bre-X cast a cloud over the gold mining industry that lasted into the next century. D...
The Bre-X scandal, perhaps the biggest stock mining fraud in history, must not obscure some...Fleming, Rowland
Particular attention is given to the experiences of Eric Zaunscherb, a mining analyst at Haywood Securities who was involved in the Bre-X mining scandal in 1995. Zaunscherb offered his opinions on the geology of Busang, Indonesia, which caused a mining boom in the region. In 1997, Bre-X ...
scandal. How the Bre-X mining hoax offers a look into the world's changing financial system; Calling into question the integrity of the world's stock markets and financial regulatory agencies; How Bre-X revealed the problems that can result from the lack of control over information that ...