Gold from Water (and Other Mining Scams) PDF Download
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Author: Paul J. Lechler
Publisher:
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 26
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Book Description
Author: Paul J. Lechler
Publisher:
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 26
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Book Description
Author:
Publisher: NV Bureau of Mines & Geology
ISBN:
Category :
Languages : en
Pages : 17
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Book Description
Author: Alfred Lenarciak
Publisher: Book Venture Publishing LLC
ISBN: 1946250430
Category : Fiction
Languages : en
Pages : 154
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Book Description
Between 1994 and 1997, Canadian company Bre-X Minerals, sponsored and promoted to listings on the TSX and NASDAQ by JPMorgan, Lehman, BMO, and others, was exploring for gold on the Busang property on the Indonesian island of Borneo. Bre-X’s efforts bore the discovery of a lifetime: a mammoth deposit estimated to contain over 200 million ounces of easily extractable gold. The company’s stock exploded from 25 cents to over $270, effectively valuing Bre-X at over $6 billion and attracting the interest of major mining companies. Barrick, Placer Dome, and Freeport McMorran, all the major players at the time, started competing to develop the largest gold deposit ever discovered. In early 1997, Indonesian President Suharto and his government took control of the deposit by force and commissioned Freeport to build a mega mine. In the ensuing months, due diligence revealed that the deposit was a gigantic hoax! There was no gold in Busang. The principals of Bre-X were accused, but never convicted, of salting samples before sending them to labs. Michael de Guzman, a Filipino geologist who served as the project manager, allegedly committed suicide by jumping from a helicopter into the abyss of Borneo’s jungle. Minorca Resources of Toronto were the financial partners of the Haji Sayakarani group of companies that owned Busang; Alfred Lenarciak was the chairman of Minorca at the time. In a strange twist of fate, in February 2012, Alfred had a chance encounter in Rome with a man by the name of Akiro Guzzo, who shared with him an amazing story about the life and death of Michael de Guzman, the creator of a fake gold mega deposit. Is this really a dead man’s story?
Author: Leon Carey
Publisher: Strategic Book Publishing
ISBN: 1609769422
Category : Business & Economics
Languages : en
Pages : 62
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Book Description
Author fell into an organized scam and hopes to write about his experience to help others avoid his mistake.
Author: Jennifer Wells
Publisher:
ISBN: 9780752813653
Category :
Languages : en
Pages : 288
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Book Description
It was hailed as the biggest gold discovery in the world this century, worth more than #15 billion, but it turned out to be the greatest mining scandal of all time. This is the astonishing account of the how Bre-X Minerals shot to fame after announcing the discovery of gold on Borneo.
Author: Jonathan G. Price
Publisher: NV Bureau of Mines & Geology
ISBN:
Category :
Languages : en
Pages : 58
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Book Description
Author: Jonathan G. Price
Publisher: NV Bureau of Mines & Geology
ISBN:
Category : Geology
Languages : en
Pages : 51
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Book Description
Author: R. T. Naylor
Publisher: McGill-Queen's Press - MQUP
ISBN: 0773541721
Category : Business & Economics
Languages : en
Pages : 494
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Book Description
An original and cutting commentary on the bad side of the good life.
Author: Marion E. Bickford
Publisher: Geological Society of America
ISBN: 0813725011
Category : Science
Languages : en
Pages : 216
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Book Description
"This volume addresses the impact of the geological sciences, from 1963-2013, in such areas as geologic hazards, mineral resources, energy resources, water resources, soil resources, geology and health, geologic education, and the informing of general public policy. The chapters focus on how earth science informs and benefits society"--Provided by publisher.
Author:
Publisher:
ISBN:
Category : Geology
Languages : en
Pages : 316
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Book Description
