BRE-X
Bre-X was a group of companies in Canada. Bre-X Minerals Ltd. , a major part of Bre-X based in Calgary, was involved in a major gold mining scandal when it reported it was sitting on an enormous gold deposit at Busang, Indonesia (in Borneo).
BRE-X
Industry:
Mining
Founded:
1989-01-01
Address:
Calgary, Alberta, Canada
Country:
Canada
Status:
Active
More informations about "Bre-X"
Bre-X Minerals Ltd: What It Is, History, Scandal Aftermath
Bre X: The Lasting Legacy of Canada's Biggest Mining Scandal
Jun 4, 2024 The Bre-X scandal is one of the biggest mining frauds in history, which shook the Canadian mining industry and investors worldwide. The discovery of a massive gold deposit in …See details»
Bre X: The Lasting Legacy of Canada s Biggest Mining Scandal …
5. Media Frenzy and Investor Hype. In the heart of the 1990s, the canadian mining industry bore witness to one of its most notorious and scandalous events - the Bre-X mining scandal. It was …See details»
Bre-X Collapses - The Canadian Encyclopedia
Mar 17, 2003 Bre-X cratered, the stock retreating to penny-mine status. Once valued by the market at $6 billion, the stock was all but bust flat. Short sellers covered their positions and souvenir hunters put in the call for share …See details»
Organizational Dynamics: The Bre-X Case - LinkedIn
Feb 19, 2015 The history of Bre-X follows the narrative of a fanciful rags to riches story. Bre-X was incorporated as a junior mining resources company by David G. Walsh under the laws of …See details»
Canadian Bar Association - Bre-X: The Calgary-based Stock …
Bre-X, a Calgary-based junior mining company led by David Gordon Walsh, reported its geologists had discovered incredibly rich gold deposits deep in the Indonesian jungle. Six …See details»
Bre X: Legal Battles and the Pursuit of Justice - FasterCapital
Jun 15, 2024 The Bre-X scandal shook the mining industry and the financial world in the 1990s. It was a story of greed, lies, and deceit that led to the downfall of a company and the loss of …See details»
Bre-X: The real story and scandal that inspired the …
Jan 27, 2017 Before Bre-X, vice-president John Felderhof‘s claim to fame was his co-discovery of the massive Ok Tedi copper-gold mine in Papua New Guinea in the late 1960s. Ok Tedi, which was developed years ...See details»
Bre-X class action settlement approved; investors get …
May 30, 2013 Bre-X became known as the largest mining fraud in Canadian history back in 1997 when its claim of a major gold discovery in Indonesia proved to be a fake. Investors around the world lost an estimated $3-billion in the …See details»
The Bre-X Story - Lessons Learned | PDF | Economic …
The document summarizes the Bre-X mining scandal of the 1990s, one of the largest frauds in mining history. It outlines the key players and timeline of events, from Bre-X Minerals initially discovering promising drill results in Indonesia, to …See details»
Do You Remember BRE-X, the Biggest Mining Fraud Ever?
Oct 3, 2014 BRE-X, run by flamboyant Calgary Promoter David Walsh, became an overnight sensation as mining investors rushed to cash in on what the company claimed to be the …See details»
Bre-X: What the geologist knew - Canadian Mining Journal
Aug 1, 2007 And thousands of wannabe millionaires poured money into the Bre-X coffers as the resource numbers escalated. Shares in the company were trading at a mere $0.30 when …See details»
Bre-X Minerals Company: Management and Company’s ... - IvyPanda
Jan 7, 2022 Investigating the entire organization’s relationships with different entities will be of paramount importance in determining the worth of the gold prospects acquired by the Bre-X …See details»
Bre-X Minerals Ltd. Scandal: Impact, Reforms, and Regulatory …
Bre-X Minerals Ltd., once a Canadian investment community darling, now holds the ignominious title of orchestrating the most significant mining-related fraud in recent memory. The …See details»
CAROM V BRE-X MINERALS LTD: A Shocking Case Deserves A …
May 13, 2014 A recent decision of the Ontario Superior Court suggests that Ontario’s court of first-instance occasioned upon such an opportunity in the case of Carom v Bre-X Minerals Ltd, …See details»
Bre-X - Crunchbase Company Profile & Funding
Organization. Bre-X . Connect to CRM . Save . Summary. People. Signals & News. Similar Companies. About. Bre-X is a metals & mining company. Calgary, Alberta, Canada; Private; …See details»
Bre X: Shattering Investor Trust and Rebuilding Confidence
Nov 22, 2023 The Bre-X scandal is one of the most infamous events in the history of the Canadian mining industry. It all started in the early 1990s when Bre-X Minerals Ltd., a small …See details»
Bre-X Scandal: A History Timeline - Visual Capitalist
Jan 23, 2015 Bre-X’s exploration permits are revoked. 1997: January fire at Busang destroys many of the sample records. 1997: After many major miners express interest in Bre-X, …See details»
Brex’s Karan Anand on the Importance of ‘Hard Numbers’ - Inc.com
6 days ago When Karan Anand joined corporate spending platform Brex as chief product officer in 2022, he found that the fintech giant’s product teams were working on too many disparate …See details»
25 KPIs every procurement team should track and measure
Every successful procurement organization understands that you can't improve what you don't measure. Tracking procurement KPIs reveals the hidden story behind supplier relationships, …See details»