| Business Summary | | Vista
Gold
Corporation
is
engaged,
directly
and
through
joint
ventures,
in
the
exploration
for
and
the
acquisition,
development
and
operation
of
mineral
properties
in
North
and
South
America.
During
2000,
the
Company's
primary
mining
operation,
the
Hycroft
mine
in
Nevada,
remained
shut
down
pending
improved
gold
prices.
However,
the
Hycroft
mine
continued
to
be
the
principal
source
of
earnings
because
gold
and
by-product
silver
continued
to
be
produced
from
ore
previously
placed
on
the
heaps.
The
Company
owns
the
Amayapampa
gold
property
in
Bolivia
for
which
a
revised
feasibility
study
was
completed
in
the
first
quarter
of
2000.
The
Company
has
approximately
12
additional
mineral
properties
in
North
and
South
America
covering
approximately
123,500
acres
(50,000
hectares)
in
various
stages
of
evaluation.
Vista
Gold
owns
a
26%
equity
interest
in
Zamora,
a
Canadian
mineral
exploration
company
with
interests
in
mineral
concessions
in
southern
Ecuador. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Vista
Gold
Corporation
is
engaged
in
the
exploration
for
and
acquistion,
development
and
operation
of
mineral
properties
in
North
and
South
America.
For
the
three
months
ended
3/31/01,
revenues
decreased
75%
to
$358
thousand.
Net
loss
before
accounting
change
according
to
U.S.
GAAP
totalled
$569
thousand,
up
from
$80
thousand.
Revenues
reflect
decreases
in
gold
production
and
average
prices.
Higher
loss
suffered
from
the
absence
of
gains
from
securities
sales. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
-600. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | |
| Position | David Sinclair, 70 | Chairman | Ronald McGregor, 52 | Pres,
CEO | Ross Beaty, 48 | Vice
Chairman | Roger Smith, 42 | VP-
Fin. | William Sirett, 49 | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|