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A frenzied sell-off of shares ensued and Suharto postponed signing the mining deal. Bre-X demanded more reviews and commissioned a review of the test drilling. Results were not favorable to them, and on April 1, 1997, Bre-X refused to comment. Canadian gold analyst Egizio Bianchini, of BMO Nesbitt Burns, considered the rumors "preposterous". [16]
In the third and the biggest Philippine Ponzi scam (involving $150 million and $250 million, respectively), criminal charges, based on a suit filed by 21,000 complainants, were filed in June 2008, with the Department of Justice, against Performance Investments Products Corp (PIPC) officers and incorporators for violation of the Securities ...
The Bluebird Gold Mine is a gold mine located 15 km south-south-west of Meekatharra, Western Australia. [ 2 ] The mine is owned by Westgold Resources Limited, a company formed in November 2016 from the demerger of the gold assets of Metals X Limited, who acquired the project from Reed Resources in May 2014.
Violet Rita "Viola" MacMillan (née Huggard; 23 April 1903 – 26 August 1993) was a Canadian mineral prospector and mining financier. During her career, she was one of few women in the mining industry, was the first female member and, later, president of the Prospectors and Developers Association of Canada, and the first woman inducted into the Canadian Mining Hall of Fame.
This is a list of major active gold mines in Western Australia in 2022–23, according to the Department of Mines, Industry Regulation and Safety.To qualify for the department's official list of principal mining projects an operation has to either had mineral sales valued at more than $5 million (or more than 2,500 oz of gold), or, for operations where such figures are not reported, had a ...
The new Fortitude venture will “look across the entire proof-of-work ecosystem to say what’s going to give us the largest return.” Billionaire Barry Silbert’s Digital Currency Group ...
Amaze Mining and Blockchain Research Limited Amit K. Bhardwaj (17 January 1983 – 15 January 2022) was an Indian businessman who founded Amaze Mining and Blockchain Research Limited which ran GB [Gainbitcoin] Miners among other bitcoin-related businesses and projects, these have been described as various types of Ponzi schemes .
Nautilus Minerals Inc. was a Canadian deep sea exploration and mining company founded in 1997, and listed on the Toronto Stock Exchange between 2007 and 2019. The company was known for Solwara-1, the first deep sea mining project, an attempt to explore and mine a mineral deposit on the seabed off the coast of Papua New Guinea. [1]