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Home > Company Index > Metals & Mining > Gold & Silver & Other Precious Metals > Canyon Resources Corporation

Canyon Resources Corporation
AMEX: CAU
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 PROFILE
Canyon Resources' "gold mine" "really is" a gold mine. The precious metals miner's Briggs Mine, in southeastern California, produces over 85,000 ounces of gold and 23,000 ounces of silver annually. Canyon has filed suit against the State of Montana seeking to overturn a 1998 anti-cyanide mining initiative or to obtain damages for the lost value of its Seven-Up Pete properties, including the McDonald Gold Project (with over 9 million ounces of gold). Meanwhile Canyon has decommissioned its Kendall gold mine in Montana and continues to explore in the western US, Latin America, and Africa. Most of Canyon's production is sold to precious metal buyers NM Rothschild & Sons Ltd. and Bayerische Hypo-und Vereinsbank AG.

 COMPETITION
Homestake Mining Company (HM)
Newmont Mining Corporation (NEM)
Placer Dome Inc. (PDG)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 34.70
1-Yr. Sales Growth: 12.3%
Employees: 131
Revenue per employee: $264,885.50

 KEY PEOPLE
• Richard H. De Voto
    CEO
• Gary C. Huber
    CFO

 CONTACT INFO
14142 Denver West Pkwy., Ste. 250
Golden, CO 80401
US
Phone: 303-278-8464
Fax: 303-279-3772
Online: Web Site

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