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Within 10 years, he was promoted to head up the company’s geology department. “He was very good, a very intelligent and industrious guy,” says Rene Aquino, 53, de Guzman’s former boss at Benguet’s Acupan mine. In those years, de Guzman was a good employee and seen as generous with subordinates. His integrity was solid and his life consisted of work and family, which soon grew to include six children with wife, Tess. “When we were together at Acupan, Mike was a one-woman man,” says Aquino, who was surprised to learn his friend wed three more times without obtaining any divorces. By the late 1980s, the world’s economy slumped. Gold took off as investors sought refuge in the valuable mineral. Many Filipino geologists sought bigger paycheques in Indonesia, where much of the inhospitable rainforest was terra incognito, or unknown territory for miners. “The price of gold was high so everybody was talking of greener pastures,” says geologist Bobby Ramirez, who was later named in a forensic investigative report as a co-conspirator with de Guzman in the Bre-X tampering scam.
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