| Business Summary | | Glamis
Gold
Ltd.
is
engaged
in
the
exploration,
development
and
extraction
of
precious
metals
principally
in
California
and
Nevada,
Honduras,
the
state
of
San
Luis
Potosi,
Mexico
and
in
Guatemala,
Panama
and
El
Salvador.
The
Company's
operations
are
conducted
through
its
wholly
owned
subsidiary
Glamis
Gold,
Inc.
and
Glamis
Gold,
Inc.'s
wholly
owned
subsidiaries,
consisting
of
Chemgold,
Inc.,
Glamis
Rand
Mining
Company,
Glamis
Marigold
Mining
Company,
Glamis
Exploration,
Inc.,
Glamis
Imperial
Corporation,
Glamis
de
Mexico
S.A.
de
C.V.
and
Minerales
Entre-Mares
Honduras
S.A.
The
Company
produced
218,390
ounces
of
gold
from
six
mines
in
2000,
including
the
first
shipment
from
the
San
Martin
Mine
of
3,562
ounces
of
gold. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Glamis
Gold
Ltd.
is
engaged
in
the
mining
and
extraction
of
precious
metals
by
open-pit
mining
and
heap
leaching
method
and
has
an
active
program
of
exploration
and
development
of
precious
metal
properties.
For
the
six
months
ended
6/30/01,
revenues
decreased
11%
to
$28.9
million.
Net
income
totaled
$1.4
million
vs.
a
loss
of
$3.6
million.
Revenues
reflect
decreased
gold
production.
Net
income
reflects
decreased
general
and
administration
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| A. Dan Rovig, 61 Chairman | -- | C. Kevin McArthur, 45 Pres,
CEO, Director | $253K | Cheryl Maher, 49 CFO,
VP-Fin., Treasurer | -- | James Voorhees, 46 COO,
VP | 195K | Charles Jeannes, 41 Sr.
VP, Gen. Counsel, Sec. | 168K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|