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Home > Company Index > Metals & Mining > Gold & Silver & Other Precious Metals > Cambior, Inc.
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Cambior, Inc. |
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NEWS FROM THE WIRES |
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U.S. stocks seen opening flat to lower after PPI Aug 10 2001 06:23 AM PDT
Niobec mine workers reach three-year deal Aug 10 2001 06:22 AM PDT
Mexico stocks seen flat tracking Wall Street Aug 10 2001 06:22 AM PDT
Hourly workers at Niobec mine on strike Aug 02 2001 11:26 AM PDT
Cambior reports wider loss in second quarter Jul 26 2001 02:06 PM PDT
> More WIRE STORIES about this company
PROFILE |
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For Cambior, gold has lost a bit of its luster. The gold mining company operates four mines -- including underground and open-pit projects -- in Canada and Guyana. Cambior has been producing more than 600,000 ounces of gold annually, and its total proven and probable reserves of gold stand at around 2.8 million metric tons. The company is also mines ferroniobium (used to make steel and specialty metals) in Canada. In 1999 Cambior hedged its gold sales (that is, it sold at a fixed future price), and was pummeled later that year when gold sales fell. As a result, the company restructured and sold some assets, including two zinc mines in Quebec and its stake in a Peruvian copper mining project.
COMPETITION |
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Barrick Gold Corporation (ABX)
Homestake Mining Company (HM)
Newmont Mining Corporation (NEM)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 209.90
1-Yr. Sales Growth: (36.4)%
Employees: 1,600
Revenue per employee: $131,187.50
KEY PEOPLE |
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Louis P. Gignac
CEO
Alain Krushnisky
CFO
CONTACT INFO |
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1111 St. Charles St. West, East Tower, Ste. 750
Longueuil Quebec J4K 5G4, Canada
Phone: 1-405-677-0040
Fax: 1-405-677-3382
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
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