Mining

Golden Illusions: The Bre-X Mining Scandal Unearthed

Golden Illusions: The Bre-X Mining Scandal Unearthed

#Golden #Illusions #BreX #Mining #Scandal #Unearthed

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The Bre-X Mining Scandal of the mid-1990s involved false claims of a massive gold deposit in Indonesia, leading to a frenzy among investors. However, investigations later revealed tampered gold samples and nonexistent reserves. The scandal caused Bre-X’s stock to collapse, wiping out billions in…

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