Echo Bay Mines Essay by The Research Group

Echo Bay Mines
This paper discusses Echo Bay Mines, a gold mining company: Industry conditions, output, sales, profits, strategies, threats and opportunities.
# 21566 | 1,125 words | 5 sources | 1994 | US
Published on Mar 04, 2003 in Business (Companies) , Business (Industries)


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From the Paper:

"Echo Bay Mines was begun in 1964 and was wholly owned by IU International by the end of the 1960s. Echo Bay mined silver near the Arctic Circle in Canada for most of its early history, then used the proceeds of the silver operation to purchase gold mines in the United States in the early 1980s (Clark, 1993, p. 1220). Echo Bay Mines is a major North American gold mining company with interests in four operating mines and exploration and development properties in Canada and the United States. The company has an office in Denver, but is based in Canada, where it is also incorporated. Echo Bay has approximately 1,800 employees, and has been traded on the American Stock Exchange (its symbol is ECO) since 1983. IU International spun off its Echo Bay holdings in November 1983. All financial information ... "

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