Anaconda Mining Inc Stock (ANX.TO)

Company description

Anaconda Mining Inc logo Anaconda Mining Inc. (Anaconda) is a Canada-based gold mining and exploration company. The Company’s producing asset is located on the Baie Verte Peninsula in Newfoundland, Canada called the Pine Cove mine. Anaconda’s major project is its Pine Cove project. Pine Cove is located on the Baie Verte Peninsula, in north central Newfoundland. The Company owns 100% of the Pine Cove open pit mine. The site comprises two contiguous mining leases totaling 659.7 hectares and contains a permitted tailings storage facility. The Chilean exploration properties are located in north central Chile, within the Chile-Peru iron ore belt. The Company has 50% interest in iron exploration concessions located in the area of the Company’s San Gabriel iron project and a 20% interest in Inversiones Hierro Antofagasta S.A. (IHA). As of May 31, 2012, the Company sold 3,194 ounces of gold.

People involved

Fullname Position
Timothy Casgrain Chairman of the Board
Dustin Angelo President, Chief Executive Officer, Director
J. Errol Farr Chief Financial Officer, Secretary
Michael Byron Independent Director
Glenn Dobby Independent Director