Faithin Omaha eBook Collection

Download or read book Bre-X written by Jennifer Wells and published by Texere Publishing. This book was released on 1998 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: It was hailed as the biggest gold discovery this century, worth more than u15 billion, but it turned out to be a big mining scandal. This is an account of how, in 1995, Bre-X Minerals, a small Canadian mining company, shot to world fame and fortune after announcing the discovery of 71 million ounces of gold at the Busang site, on the island of Borneo, Indonesia. The value of Bre-X shares soared from $5 to $192.50 within minutes of listing in Toronto in 1996."