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by Vivian Danielson,James Whyte
Download Bre-X: Gold Today, Gone Tomorrow, Anatomy of the Busang Swindle fb2
  • Author:
    Vivian Danielson,James Whyte
  • ISBN:
    1552570037
  • ISBN13:
    978-1552570036
  • Genre:
  • Publisher:
    Northern Miner Pr Ltd (November 1, 1997)
  • Pages:
    304 pages
  • FB2 format
    1999 kb
  • ePUB format
    1358 kb
  • DJVU format
    1865 kb
  • Rating:
    4.7
  • Votes:
    233
  • Formats:
    lrf lit lrf mobi


Vivian Danielson has written about the mining industry for the past 10 years. She was the first journalist to personally visit the Busang property and meet the on-site players. Her insight into the entire Bre-X affair is unequalled. James Whyte joined The Northern Miner's Toronto bureau in 1995.

Vivian Danielson has written about the mining industry for the past 10 years. He covered the Bre-X beat for the Miner during the ownership battles and market meltdown of 1996 and 1997.

Vivian Danielson; James Whyte Bre-X: Gold Today, Gone Tomorrow, Anatomy of the Busang Swindle. ISBN 13: 9781552570036. Bre-X: Gold Today, Gone Tomorrow, Anatomy of the Busang Swindle. Vivian Danielson; James Whyte.

Bre-X: Gold Today, Gone Tomorrow

Bre X: Gold Today, Gone Tomorrow. by. Vivian Danielson, James Whyte. Bre-X: Gold Today, Gone Tomorrow. 1552570037 (ISBN13: 9781552570036). If that wasn't a red flag, you wouldn't see the multiple other crimson banners flying either and you'd be in on losing a piece of the 6 billion dollars that were swindled out of investors and tucked away in the Cayman Islands. Every bit of this is filled with the unbelievable, and yet it all happened.

Vivian Danielson & James Whyte, BRE-X Gold Today, Gone Tomorrow: Anatomy of the Busang Swindle, Northern Miner, Toronto 1997, 285 pages. Trevor Tarring, CORNER? A century of metal market manipulation, Metal Bulletin Books Ltd. London. 228 pages plus index.

Bre-X bought the Busang site in March 1993 and in October 1995 announced significant amounts of gold . Bre-X: Gold Today, Gone Tomorrow by James Whyte and Vivian Danielson Corporate and White Collar Crime. pp. 45–. ISBN 978-1-4462-4188-2.

Bre-X bought the Busang site in March 1993 and in October 1995 announced significant amounts of gold had been discovered, sending its stock price soaring. Bre-X: Gold Today, Gone Tomorrow by James Whyte and Vivian Danielson.

Bre-X bought the Busang site in March 1993 and in October 1995 . Bre-X's gold resource at Busang was a massive fraud. Encouraging gold values were intersected in many drill-holes and the project received a positive technical assessment by Kilborn.

Bre-X's gold resource at Busang was a massive fraud. New Perspectives on Busang by Phillip Hellman, Parts 1 & 2, The Northern Miner, May 2002. Friction by Anna Tsing (2005, Princeton University Press).

Bre-X: gold today, gone tomorrow: anatomy of the Busang swindle by Vivian Danielson, James Whyte .

Bre-X: gold today, gone tomorrow: anatomy of the Busang swindle by Vivian Danielson, James Whyte, published by Northern Miner, 1997. This fracturing, and the geological nature of the surrounding bedrock, made it possible for surface bacteria to quickly enter into fractured rock channels and proceed directly to Well 5. Raw water contamination by coliforms and fecal coliforms was indicated in the initial pump tests in 1978 and continued to May 2000.

Bre-X), Vivian Danielson, James Whyte (1997). Bre-X: Gold Today, Gone Tomorrow: Anatomy of the Busang Swindle (Toronto, ON: Northern Miner, 304 . Bre-X (Firm); Gold mines and mining-Corrupt practices-Indonesia; Fraud-Indonesia. Bre-X), Diane Francis (1997)

Bre-X), Vivian Danielson, James Whyte (1997). Bre-X), Diane Francis (1997). Bre-X: The inside Story (Toronto, ON: Key Porter, 240 . Bre-X (Firm); Gold industry-Corrupt practices-Indonesia; Fraud-Indonesia. Bre-X), Douglas Gold and Andrew Willis (1997). The Bre-X Fraud (Toronto, ON: McClelland & Stewart, 272 .

Book by Vivian Danielson, James Whyte

Fordg
The underlying true story is fascinating, but the factual and informative style put my wife and I asleep. We gave up.
Tiainar
It is a very interesting book
Fordrellador
This book is a well-researched, coherent and logical account of a gold-mining scam that literally rocked the foundations of the mineral exploration industry in the mid to late 1990s, and caught up in its maw the spectrum of individuals who make their living from exploring for, bankrolling, analyzing, developing and producing gold. It is above all a tale of how previously honorable people succumbed to the twin temptations of outright greed or wishful thinking.
I have some technical qualifications to assess the value of the book. I was an ore reserve geologist at a large gold mine in northern Nevada from 1988 thru 1997 responsible, during the last 5 of those years, for posting and interpreting thousands of assays to rectified, controlled cross-sections in a large open pit (approx 3 mi x 1 mi by 1900' deep in ultimate design). My work required constructing hundreds of orthogonal N-S and E-W sections in a commercial mine-modeling software program, and these sections were checked against plan maps over a 1900' vertical interval represented by 95 invidual benches of 20' height.
In early 1997, when Bre-X started making its assays from Busang (the deposit location in Indonesia) available on its web site, I took a look at them and reached conclusions similar to those of Merks, a Dutch statistician quoted in the book. Namely, the assay runs were inconsistent with any conceivable pattern of gold mineralization I had ever seen in 2,000 drill holes in a very productive gold environment.
At our mine, which was large, well-endowed with widespread sediment-hosted disseminated gold and occasional 'nugget' effects in fractures, the striking thing about the gold occurrence was how much barren rock can exist in a well-mineralized system. I had looked at literally thousands of down-hole assays, and knew that a huge deposit is possible even in the midst of much waste. Therefore, the extensive runs of mineralization at Busang appeared spurious or exaggerated on its face, and the occurrence in the same location of both low-grade and high-grade streaks was completely contrary to the behavior of gold we had seen in both host shales soaked in gold-bearing solutions, and in the occasional fracture-controlled settings in the same locality.
I came in the next day to the office and said flatly that, although I didn't know what was at Busang, if anything, the assays being reported were garbage and not to be believed.
The scam - which was achieved by implementing rigorously systematic but surreptitious salting of samples at a field preparation site - fell apart in early 1997 when other players interested in acquiring the assets, including members of the ruling Indonesian family and major mining companies, began to demand confirmation of the reported results, and could not obtain any.
The only winners in the story were the thousands of stockholders and speculators who rode Bre-X stock up and sold out before its peak; the losers were all the serious long-term investors, and a huge number of people in the exploration & mining industry who saw their collectively hard-won reputation for probity flushed down the toilet.
Kulafyn
Other than the obvious exculpation of the authors and their Northern Miner for having been taken in as much as anyone, the book should be required reading for those involved in exploration and financing. Northern Miner also contributed as much as anyone to spreading the hype on Bre-X stock, and many small investors who relied on the newspaper as an accurate and reliable source of information not otherwise available to them got badly hurt. So the authors themselves are not free of blame. The deep involvement of industry leaders - Barrick Gold, Placer Dome and FreeportMcMoran - in the self-servingly and intensely publicized bidding wars for control of Bre-X and the Busang property is inexcusable. Their respective CEO's and Boards should have known better. The damage of the Bre-X fraud and all those even peripherally involved in it to the mining industry, particularly to the independants in the exploration end of the business is incalculable. So the "jury remains out." If from only the standpoint of having an unfolding story in one place, the book is a very good and worthwhile read.
Moonworm
Appreciated getting a brand-new book when what I'd ordered was labeled as used & in VG condition.

However, the product delivered was a good quality reprint of the original. Not quite what I'd expected (had really hoped for an original copy), but for the price, great value & very fast shipping / delivery.
Mr Freeman
A+