|
Balance Sheet Cash Flow Statement 510 Burrard St., Ste. 900 Vancouver, British Columbia V6C 3A8, Canada Tel. 604-687-6600 Fax 604-687-3932 |
Type: Public
On the web:
http://www.aurizon.com
Employees:
94
Employee growth: 5.6%
Aurizon Mines digs for gold in the Abitibi region of Quebec. Aurizon's primary property is the Casa Berardi Mine, which began operations in late 2006. That same year, Northgate Minerals offered to buy Aurizon for $385 million. Aurizon's Board recommended that shareholders reject the Northgate offer as insufficient, the reasoning being that the company has spent so much time and money developing Casa Berardi that it made no sense to dilute its stake in the project just as it begins production. Also in 2006, Aurizon bought the Joanna gold and Kipawa gold/uranium properties in Quebec, both of which are still in the exploration stage.
Key numbers for fiscal year ending December, 2008:
Sales: $118.1M
One year growth: 31.8%
Net income: $4.0M
Income growth: (28.5%)
Officers:
Chairman, President, and CEO: David P. Hall
EVP Operations: Michel Gilbert
EVP and CFO: Ian S. Walton
Competitors:
Agnico-Eagle
Apollo Gold
Barrick Gold
