-
X's chief geologist at Busang, a Filipino, fell from a helicopter on his way to the site.
ECONOMIST: Gold mining
-
Until recently many of the world's biggest mining firms had been falling over themselves to get a stake in the Busang project.
ECONOMIST: Gold mining
-
By contrast, the race of investors big and small to grab a piece of the Busang action was not the least bit irrational.
ECONOMIST: All that glisters . . .
-
The Busang affair was not, first of all, a speculative frenzy such as the Dutch tulip mania of the 17th century or the South Sea Bubble of the 18th.
ECONOMIST: All that glisters . . .
-
Sibling rivalry reached a climax of sorts with the fabulous (in both senses) Busang gold deposit in Kalimantan, claimed as among the world's biggest until shown to be a hoax.
ECONOMIST: A survey of Indonesia: The family firm | The
-
For some, the Busang affair is a minor upset.
ECONOMIST: Gold mining
-
As the eager participation of some of the world's leading mining firms attests, there was nothing geologically implausible about there being a rich lode of gold at the Busang site, or its value as implied by the firm's share price.
ECONOMIST: All that glisters . . .
-
It is indeed an extraordinary tale, with many strokes of tragi-comedy, notably the alleged suicide of one of the company's geologists, Michael de Guzman, whose mysterious disembarkation from a helicopter in mid-flight was an early clue that all might not be quite as it seemed at the Busang gold reserve.
ECONOMIST: All that glisters . . .