| Business Summary | | Campbell
Resources
Inc.
is
a
gold
mining
and
natural
resource
company.
Its
principal
assets
are
the
Joe
Mann
gold
mine
and
the
Camchib
Mill
located
in
the
Chibougamau
area
of
northwestern
Quebec.
In
March
2001,
the
Company
announced
with
MSV
Resources
and
GeoNova
Explorations
approval
in
principle
of
the
merger
of
the
three
companies.
Campbell
Resources,
MSV
Resources
and
GeoNova
Explorations
received
final
approval
of
the
Superior
Court
of
Quebec
for
the
merger
of
the
three
companies
in
June
2001.
The
planned
merger
has
been
undertaken
in
order
to
consolidate
the
operations
of
the
three
companies
in
the
Chibougamau
mining
camp
in
northwestern
Quebec.
Campbell
is
expected
to
concentrate
on
its
principal
mining
properties
in
the
Chibougamau
region
with
the
initial
focus
on
the
start-up
of
the
Copper
Rand
project
as
well
as
on
the
studies
and
financing
needed
to
restart
operations
at
the
Joe
Mann
mine.
The
Joe
Mann
Mine
is
located
approximately
350
miles
north
of
Montreal,
Quebec. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CCH
is
a
gold
and
natural
resources
company
with
two
wholly
owned
producing
mines:
the
Joe
Mann
Mine
in
Canada
and
the
Santa
Gertrudis
Mine
in
Mexico.
For
the
three
months
ended
3/31/01,
revenues
fell
from
C$1.3
million
to
C$0.
Net
loss
according
to
U.S.
GAAP
and
applicable
to
Common
rose
1%
to
C$2
million.
Revenues
reflect
the
termination
of
Joe
Mann
mine
operation.
Higher
loss
reflects
a
C$118
thousand
sales
adjustment
cost
and
C$1.3
million
mine
care
and
maintenance
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
-931. (Preliminary; reported in thousands of Canadian Dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1997 Pay | |
| James McCartney, 60 Chairman | -- | John Kachmar, 61 Pres,
CEO, Director | $373K | Paul Ireland, 40 VP-Fin. | 145K | Lorna MacGillivray, 46 VP,
Sec., Gen. Counsel | 145K | Gary Cohoon, 72 VP,
Exploration | 217K | Dollar amounts are as of 31-Dec-1997 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
|
|