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Bre-X Staff Used Secret Laboratory For Mining Fraud

BSCAL

Bre-X Minerals workers used a secret laboratory in or near the Borneo city of Samarinda to carry out historys biggest mining fraud, according to the independent audit which proved the worlds biggest gold deposit at Busang was a fake.

Bre-X shares plunged to 6 Canadian cents when trading re-opened on Tuesday on the Toronto Stock Exchange. Although they recovered to 8 cents, the company, valued at C$6.8 billion (

 

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First Published: May 08 1997 | 12:00 AM IST

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