Company Profile For Acadian Mining Corporation
Overview
Acadian Mining Corporation (Acadian) is a Canada-based mining, exploration, and development company based in Halifax, Nova Scotia. The Company also focuses on exploring and developing a portfolio of gold properties in Nova Scotia totaling approximately 69,000 hectares. The Company has claims on approximately 49,000 hectares of land. Acadian holds a 29.2% interest in Royal Roads Corp. (Royal Roads), which in turn holds a 100% interest in Buchans River Ltd. (Buchans River). Both of these companies control, and are exploring, large land positions in the Buchans base metal region in Newfoundland and Labrador, Canada. On March 24, 2009, the Company’s subsidiary, ScoZinc ceased its production operations and is in the process of putting the Scotia Mine facility on care and maintenance.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Acadian Mining Corporation's revenue decreased 82% to C$2.4M. Net loss decreased less than 1 % to C$4.8M. Revenues reflect a decrease in lead sales and Zinc sales. Net loss was offset by a decrease in filing fees, lower insurance expenses, decreased investor relations & information expenses, lower royalties expenses, decreased transfer agent fees and a fall in travel expenses.
Company Address
Acadian Mining Corporation
Suite 2001, 20th Floor,
Purdy's Wharf Tower II
1969 Upper Water Street
Halifax NS B3J 3R7
P: +1902.4447779
F: +1902.4443296
Suite 2001, 20th Floor,
Purdy's Wharf Tower II
1969 Upper Water Street
Halifax NS B3J 3R7
P: +1902.4447779
F: +1902.4443296
Total Employees
Company Web Links
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Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 77.05 | -1.80% | 11/26 23:59 IST |
| Gold | 1192.8 | +0.49% | 11/26 23:44 IST |
