| Business Summary | | Caledonia
Mining
Corporation
and
its
operating
gold
mining
subsidiary,
Filon
Sur,
produces
gold/silver
dore
bars
that
are
sold
to
refineries.
The
dore
bars
are
measured
by
independent
laboratories
for
gold
and
silver
content,
after
which
time
payment
is
made
to
the
mine
for
the
measured
quantity
of
gold
and
silver
at
the
prevailing
market
prices
net
of
smelting
and
commission
costs.
The
Company
controls
one
operating
gold
mine,
which
is
located
in
Spain
and
two
other
gold
mines
in
South
Africa.
The
total
resource
of
the
gold
properties
of
the
Company,
including
Cononish,
is
approximately
3.5
million
ounces
of
gold. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Caledonia
Mining
operates
mineral
properties
for
the
purpose
of
producing
metals
and
is
engaged
in
the
acquisition,
exploration,
and
development
of
other
mineral
properties
for
base
and
precious
metals.
For
the
three
months
ended
3/31/01,
revenues
totaled
none,
vs.
C$3.2
million.
Net
loss
decreased
69%
to
C$226
thousand.
Revenues
reflect
the
loss
of
operations
from
Filon
Sur
and
Fynegold.
Lower
loss
reflects
the
absence
of
C$3.4
million
in
operating
costs. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | S. Hayden | Chairman,
Pres and CEO | J. Johnstone | VP
- Operations, COO | J. Smith | Officer
VP - Exploration | S. Poad | Officer
VP - Fin. and Admin. | F. Harvey | Technical
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|