| Business Summary | | Namibian
Mineral
Corporation
is
engaged
in
ocean
diamond
exploration
and
mining
off
the
coast
of
Namibia
and
marine
diamond
exploration
off
the
coast
of
South
Africa. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NMCOF
is
engaged
in
ocean
diamond
exploration
and
mining
off
the
coast
of
Namibia
and
marine
diamond
exploration
off
the
coast
of
South
Africa.
For
the
six
months
ended
6/30/01,
revenues
fell
72%
to
$6.3
million.
Net
loss
totaled
$25.1
million
vs.
an
income
of
$3.3
million.
Revenues
reflect
the
NamSSol
accident
and
the
provisional
liquidation
of
certain
subsidiaries.
Net
loss
also
reflects
higher
direct
production
costs
and
a
$1.4
million
provisional
liquidation
charge. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,567;
after
tax
earnings
were
-12,871. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | J. Alastair Holberton | Chairman,
CEO | Eli Nefussy | CFO,
Director | Peter Looijen | COO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|