The Bre-X fraud – a personal story of consulting and geoscience
When Michael de Guzman plummeted from a helicopter to his apparent death on March 20th, 1997, I had just submitted my final reports to Bre-X on the Busang Gold ‘Deposit’. That moment defined my career in many ways, but also left questions for years as to what could I have done differently?
I was hired by Bre-X in 1996 to characterize the mineralization, document gold occurrences and create a more detailed model for the deposit formation. The work included a 10-day site visit and extensive follow up petrographic analysis. Could we have known earlier? What changed in the aftermath?
Join us for insight into the world of exploration geoscience and junior companies of 25 years ago, and how a major fraud exposed in East Kalimantan, Indonesia continues to impact exploration and our reporting standards globally.
Speaker: Anne J.B. Thompson, P.Geo, PetraScience Consultants Inc.
Anne Thompson is the producer and co-host of the Discovery to Recovery Podcast and recent author of Innovation in Mineral Exploration published by PDAC. She has thirty-five years’ experience working in and consulting to the mineral exploration industry, including field work and applied mineralogy. She was an early adopter of field spectroscopy and co-edited the Atlas of Alteration, a resource for exploration geologists. Anne’s company, PetraScience, a partnership with John Thompson focuses on technology, sustainability and innovation in the mining industry. Anne was named to the WIMUK Global 100 Inspirational Women in Mining 2020.