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  September 5, 2001
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Home > Company Index > Metals & Mining > Gold & Silver & Other Precious Metals > TVX Gold Inc.

TVX Gold Inc.
NYSE: TVX
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 PROFILE
TVX Gold is going for an Olympic metal. The company's operations include TVX Normandy (over 80% of sales), a joint venture with Normandy Mining of Australia that owns stakes in five operating gold mines in Brazil, Canada, and Chile. Subsidiary TVX Hellas owns the Olympias orebody -- which contains gold, lead, silver, and zinc -- and other mining operations in Greece. TVX's properties produced more than 257,000 ounces of gold in 2000. The resignations of the company's chairman, CEO, and several directors in 2001 reflected TVX's efforts to streamline operations as the company struggles under heavy debt and continuing pressures caused by low gold prices.

 COMPETITION
AngloGold Limited (AU)
Barrick Gold Corporation (ABX)
Newmont Mining Corporation (NEM)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 170.00
1-Yr. Sales Growth: 4.4%
Employees: 1,523
Revenue per employee: $111,621.80

 KEY PEOPLE
• T. Sean Harvey
    CEO
• Melvyn Williams
    CFO

 CONTACT INFO
220 Bay St., Ste. 1200
Toronto Ontario M5J 2W4, Canada
Phone: 1-416-366-8160
Fax: 1-416-366-8163
Online: Web Site

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