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Great Basin Gold Ltd.

 
Hoover's Profile: Great Basin Gold Ltd.
(NYSE Alternext:GBG) (Toronto:GBG)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Great Basin Gold Ltd.
Ste. 1108 - 1030 W. Georgia St.
Vancouver, British Columbia V6E 2Y3, Canada
Tel. 604-633-9113
Toll Free 888-633-9332
Fax 604-633-0190

Type: Public
On the web: http://www.greatbasingold.com

Great Basin Gold is sinking a lot into its mining efforts. The company, part of minerals exploration and development company Hunter Dickinson's portfolio, is focused on its Hollister Property in Nevada's Carlin Trend gold belt. The property is estimated to contain 2 million ounces of gold in reserves. Great Basin Gold had teamed up with fellow Canadian gold miner Hecla Mining to develop the Hollister Property, but in 2007 it bought Hecla out of the project for about $45 million. Great Basin also explores the Burnstone gold property -- for its estimated 8 million ounces of gold -- in South Africa's Witswatersrand Basin. In 2008 it acquired Rusaf Gold, which owns properties in Tanzania and Russia.

Key numbers for fiscal year ending December, 2008:
Sales: $20.2M
Net income: ($69.4)M

Officers:
Chairman: Ronald W. Thiessen
President, CEO, and Director: Ferdinand (Ferdi) Dippenaar
COO: Johan G. Oelofse

Competitors:
Barrick Gold
Newmont Mining
Yamana Gold

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