Robert Champion de Crespigny and Ian Gould resigned as directors of Great Central Mining. From 1987, Gutnick served as a director of Regis Resources, at times taking on the role of managing director and chairman, which he held until August 2004, when he resigned from all board positions. As part of this leadership change, Gutnick also relinquished some of the company's depth as well as reducing his stake in the company from 65 percent to below 20. In January 2014 it was announced that Blackham Resources, of which Gutnick is the chairman, had acquired the Wiluna Gold Mine, a mine which Great Central Mines, under his leadership, held from 1997 to 2000. The mine was purchased from APEX Minerals, a company in receivership since June 2013, whose chairman at the time was Eduard Eshuys. Coincidentally, Eshuys was also in charge of the drilling program that discovered Plutonic for Gutnick. Gutnick had become chairman of Blackham on 4 February 2013 when his private company, Great Central Gold, invested A$13.32 million in Blackham. 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 into receivership during 2001. Gutnick was the President and CEO. Top End Minerals. Executive Chairman. CEO. Quantum Resources Ltd. Chairman. Managing Director. now called Nova minerals Landmark defamation case Gutnick sued Dow Jones and Company in the Supreme Court of Victoria for defamation regarding an article published about him in Barron's Online in the year 2000. It was one of the first international legal cases involving defamation on the internet. The case was highly controversial and the subject of much commentary from legal analysts. The case was appealed by the author, William Alpert, to the UN under the right of direct petition for individuals. With the prospect of that appeal, prepared by Geoffrey Robertson QC, Tim Robertson SC, London-based Human Rights lawyer Mark Stephens and Sydney-based lawyer Paul Reidy, the case was settled on 15 November 2004. Dow Jones settled the case, agreeing to pay Gutnick some of his legal fees. Bankruptcy On 8 July 2016 Gutnick declared himself bankrupt with debts of over $275 million. Sports administration career Melbourne Football Club President Gutnick held the position of President of the Melbourne Football Club, which is a professional Australian rules football club that competes in the Australian Football League (AFL), Gutnick served