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David Walsh (mining)

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Cause of death
  
Aneurysm

Organizations founded
  
Bre-X

Role
  
Mining

Name
  
David Walsh

Citizenship
  
Canadian


Born
  
August 11, 1945 (
1945-08-11
)
Montreal, Quebec, Canada

Known for
  
oil and gas and mining businessman

Died
  
June 4, 1998, Nassau, Bahamas

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

Contents

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 been a stock broker, trust company officer, and portfolio manager. In 1998 he died of an apparent aneurysm suffered at his home in the Bahamas.

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

    David Walsh (mining) Wikipedia