David Walsh (mining)

David Walsh (11 August 1945 – 4 June 1998) was a Canadian businessman in the oil and gas and mining industries.

David Walsh
Born(1945-08-11)August 11, 1945
Montreal, Quebec, Canada
Died4 June 1998(1998-06-04) (aged 52)
Nassau, Bahamas
CitizenshipCanada
Known foroil and gas and mining businessman

Biography

Walsh was founder and CEO of the Canadian mining company Bre-X, which was involved in one of the largest stock market scandals in Canadian history. Although Walsh had been oblivious to or dismissive of warning signs before the outbreak of the scandal, he called in RCMP investigators once the fraud was identified, and assisted the RCMP in their criminal investigation. Before the Bre-X fraud, Walsh had run several successful oil and gas companies with properties throughout the United States and Canada and had been a stock broker, trust company officer, and portfolio manager. He died of an apparent aneurysm in 1998, suffered at his home in the Bahamas.[1][2]

  • The Bre-X scandal inspired the 2016 film Gold, in which Matthew McConaughey plays Kenny Wells, who is based on Walsh.

References
  1. Reuters (5 June 1998). "Bre-X scandal haunts former president even at death", CNN.com. Retrieved on 15 September 2008.
  2. Messing, Brett; Steven Sugarman; James J. Cramer (2006). The Forewarned Investor. Career Press. pp. 143–159. ISBN 978-1-56414-881-0. David Walsh Bre-X.
  • Bre-X: Gold Today, Gone Tomorrow : Anatomy of the Busang Swindle. The Northern Miner. 1997. ISBN 978-1-55257-003-6.


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