Business Holdings
Among Gutnick's business holdings:
- Legend International Holdings. A mining company focused on phosphate exploration in Queensland, Australia. Gutnick is the President and CEO.
- Centaur mining went in receivership 2000 Gutnick is the President and CEO.
Gutnick was, after almost having been ruined by the 1987 stock market crash, advised by Rabbi Menachem Schneerson to go back to the Australian desert and search for "gold and diamonds". He was responsible for overseeing the discovery of the Plutonic gold deposit, as well as the discovery, development and operation of the Bronzewing and Jundee gold mines in Australia. Gutnick also was a director of the World Gold Council and was awarded the prestigious Diggers award at the 1997 Diggers and Dealers Industry Awards.
In 1991, his company, Great Central Mines, paid A$115 million to prospector Mark Creasy for the Bronzewing gold deposit. 2000 Gutnick files writs in court against long time Levi Mochkin stockbroker In 1999, Gutnick along with partner Robert Champion de Crespigny was found to have illegally structured a takeover of Great Central Mining. Gutnick was ordered to return $28.5 million to investors. On 5 April 2000, Joseph Gutnick, Robert Champion de Crespigny and Ian Gould resigned as directors of Great Central Mining.
Read more about this topic: Joseph Gutnick
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