Zaruma Resources Inc. · Toronto, ON Canada ·(Canadian NEX: ZMR)
Company Description
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Zaruma Resources believes that a mine is a terrible thing to waste. The public Canadian company operates mines for the exploration and development of gold in Mexico and Venezuela; the Mexico operation also explores for copper at its Luz del Cobre copper deposit. Its San Antonio property (in the Sonora State of Mexico) is estimated to hold approximately 300,000 ounces of gold, and its El Foco property (in Venezuela) contains nearly 100,000 ounces of gold. To read the full description, subscribe now.
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Key Zaruma Resources Inc. Financials
| Company Type | Public - Canadian NEX: ZMR Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.5 |
| Employees | 10 |
Zaruma Resources Inc. Executives
7 executives listed for Zaruma Resources Inc.'s Toronto, ON location.
| Title | Name & Bio | Contact |
| President, CEO, and Director | Thomas Utter | Network |
| CFO and Secretary | Frank van de Water | Network |
| VP Exploration | Richard Viljoen | Network |
Competition
Competitive Landscape for Zaruma Resources Inc.
Demand is driven by industrial demand and economic growth, both domestic and foreign. Individual company profitability depends on volume and operating efficiency. Large companies can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Metal ore mining is capital-intensive: annual revenue per employee is about $300,000. The industry includes companies that mine and process gold, silver, copper, nickel, lead, zinc, iron ore, and other metals. To read the full description, subscribe now.Top Zaruma Resources Inc. Competitors
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