Bre-X collapses after its gold samples are exposed as salted

Independent testing showed that core samples from the Busang project in Indonesia had been salted with gold. Bre-X had been worth over C$6bn at its 1996 peak; it went bankrupt in November 1997 and no one was criminally convicted.

Why it matters. The scandal led directly to Canada’s NI 43-101 in 2001: qualified persons, verified data and standard technical reports.

Source

Wikipedia

In the course

Module 3: Reading a technical report