Workers tell of adding 'powders' to Bre-X gold samples

Article Abstract:

Indonesian workers hired by Bre-X Minerals Ltd say the company's geologists and metallurgists tampered with gold mine rock samples. An investigation has found that Canadian-based Bre-X Minerals, particularly its chief geologist Michael de Guzman, failed to handle the samples from its Busang, Indonesia, mine according to industry standards. The workers told of mysterious mixing of materials at a secret warehouse where the samples were stored.

Investigations, Indonesia, Natural resources, Bre-X Minerals Ltd.

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Is it smart to buy gold on the safe-haven theory?

Article Abstract:

Investing in gold is a traditional response to crisis; however, a sustainable price spike is unlikely in the near future due to large global stocks of gold. Analysts suggest that noncrisis reasons to buy gold or invest in mining companies include industry consolidation, low interest rates, and high gold demand.

Financial analysis, Statistical Data Included, Investments

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Miners polish gold's image

Article Abstract:

Gold-mining companies are trying to restore the image of gold and gold funds are investments by means of image-spinning and consolidation. The marketing campaigns highlight the enduring luster of gold jewelry.

Marketing procedures, Marketing

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