August 30, 2014 7:27 AM ET

Metals and Mining

Company Overview of International Minerals Corporation

Company Overview

International Minerals Corporation, through its subsidiaries, explores for, develops, and exploits gold and silver properties in Peru, South America and Nevada, the United States. It primarily owns a 40% interest in the Pallancata silver mine and Inmaculada gold-silver project located in southern Peru; and a 100% interest in the Goldfield and Converse gold projects in Nevada. The company was formerly known as Ecuadorian Minerals Corporation and changed its name to International Minerals Corporation in January 2002. International Minerals Corporation was founded in 1986 and is based in Scottsdale, Arizona. As of December 20, 2013, International Minerals Corporation operates as a subsidiary of...

7950 East Acoma Drive

Suite 211

Scottsdale, AZ 85260

United States

Founded in 1986

Phone:

480-483-9932

Fax:

480-483-9926

Key Executives for International Minerals Corporation

Chief Exploration Geologist of Ecuador
Corporate Secretary
Age: 58
Vice President of Special Projects
Age: 60
Vice President of Corporate Relations
Marketing Consultant - Europe
Compensation as of Fiscal Year 2014.

International Minerals Corporation Key Developments

International Minerals Corporation(UNQ:IMZ) dropped from Swiss Performance Index (Price Return)

International Minerals Corporation will be removed from Swiss Performance Index (Price Return).

International Minerals Corporation Declares Dividend, Payable on Jan. 31, 2014

International Minerals Corporation declared dividend of $0.12 per share payable on Jan. 31, 2014. Record date is Dec. 14, 2013.

International Minerals Corporation Reports Unaudited Consolidated Earnings and Production Results for the First Quarter September 30, 2013

International Minerals Corporation reported unaudited consolidated earnings and production results for the first quarter September 30, 2013. For the quarter, the company reported total income of $2,707,125 against $12,229,199 a year ago. Income from continuing operations before taxes was $952,815 against $10,674,646 a year ago. Income from continuing operations after taxes was $952,815 or $0.01 basic and diluted earnings per share against $10,674,646 or $0.09 basic and diluted earnings per share a year ago. Net income after taxes per basic and diluted share was $0.01 against $0.08 a year ago. Net cash used in continuing operations was $1,285,351 against net cash provided by continuing operations of $6,048,378 a year ago. Net cash used in operating activities was $5,724,892 against net cash flow provided by operating activities of $5,028,975 a year ago. Property, plant and equipment expenditures were $1,060,916 against $14,942 a year ago. For the quarter, the company reported ore mined of 272,466 (tonnes) against 276,459 (tonnes) a year ago. Ore processed was 273,147 (tonnes) against 277,092 (tonnes) a year ago. Silver production was 1,896,426 (ounces) against 1,893,274 (ounces) a year ago. Gold production was 6,758 (ounces) against 6,814 (ounces) a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 1, 2013
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