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Home > Company Index > Metals & Mining > Diversified Mining & Metals > Chief Consolidated Mining Company

Chief Consolidated Mining Company
Nasdaq (SC): CFCM
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 PROFILE
Chief Consolidated Mining owns more than 19,000 acres in Utah's Tintic and East Tintic mining districts. The company develops the properties through its 75% interest in Tintic Utah Metals, a joint venture with KZ Utah, a subsidiary of Korea Zinc. The joint venture plans to develop the Burgin Mine, which has proven and probable reserves of more than 17 million ounces of silver, plus lead and zinc. (The mine is awaiting state approval.) Through subsidiary Chief Gold Mines, the company also owns the Trixie mine (gold, silver, and copper) in the same area. Chief is studying the possibility of developing some of its land holdings near Salt Lake City for commercial and residential use.

 COMPETITION
Homestake Mining Company (HM)
Newmont Mining Corporation (NEM)
Rio Tinto Limited (RTOLY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.20
1-Yr. Sales Growth: 100.0%
Employees: 4
Revenue per employee: $50,000.00

 KEY PEOPLE
• Leonard Weitz
    CEO
• Thomas Bruderman
    CFO

 CONTACT INFO
500 Fifth Ave.
New York, NY 10110
US
Phone: 212-354-4044
Fax: 212-354-4412

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