CALGARY - John Felderhof, the only executive ever prosecuted in the Bre-X Minerals Ltd. gold hoax of the 1990s, has died in the Philippines at 79 years old, according to his Toronto lawyer. The former chief geologist of the Calgary-based mining company was found not guilty of insider trading in 2007. Bre-X was the darling of the Toronto Stock Exchange after reporting finding a major gold deposit in Indonesia. David Walsh, who was CEO of Bre-X, died in June 1998 at age 52 in the Bahamas of an apparent brain aneurysm. Get more business in your inbox Get the business news and analysis that matters most every morning in our Star Business Journal newsletter.

Source: thestar October 28, 2019 20:15 UTC