Denver Gold Group > Member Company Profile > Alexco Resource Corp.
Address
1150-200 Granville Street
Vancouver, BC V6C 1S4
Canada
Value Drivers
- One of the highest grade silver mines in the world
- Canada’s only primary Silver producer, Bellekeno Mine, Yukon
- Growing pipeline of development properties
- Expanding exploration program
- Unique business plan utilizing environmental subsidiary
Management
| Chairman: | George Brack |
| CEO/President/MD: | Clynton R. Nauman |
| CFO: | David Whittle |
| COO: | Brad Thrall |
| Other Key Staff: | Thomas Fudge: Senior Vice President, Engineering and Corporate Development Alan McOnie: Vice President, Exploration James Harrington: President, Alexco Environmental Group |
IR Contact
David Whittle
604 633 4888
dwhittle@alexcoresource.com
www.alexcoresource.com
Cautionary Information
© Copyright 2012, Denver Gold Group & Alexco Resource Corp..
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use. Certain information contained in this profile, including any information as to strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "will", "anticipate", "contemplate", "target", "plan", "continue", "budget", "may", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of commodities and energy inputs; fluctuations in currency markets; changes in global and national interest rates; risks arising from holding derivative instruments; the ability of the Company to complete or successfully integrate an announced acquisition proposal; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and costs associated with mining inputs and the construction of capital projects; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; changes in costs and estimates associated with the Company’s projects; adverse changes in the Company's credit rating, level of indebtedness and liquidity, contests over title to properties, particularly title to undeveloped properties; the risks involved in the exploration, development and mining business, including, without limitation, environmental hazards. Certain of these factors are discussed in greater detail in the Company's most recent regulatory filings with various national securities and other authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
Last Updated: February 15, 2012
Alexco Resource Corp.
Toronto Stock Exchange : AXR
| Status: | Producer |
| Primary Mineral: | Silver |
| Primary Country of Operation: | Canada |
| Other Countries of Operation: | United States, Mexico |
Alexco owns and operates the Bellekeno silver mine in the Yukon, Canada’s only operating primary silver mine and one of the world’s highest-grade silver mines, with a production grade of up to 1,000 grams per tonne. Calendar 2011 silver production was 2 million ounces. The Company owns 100% of the historic Keno Hill Silver District, and to date has defined almost 30 million ounces of indicated silver resources across its Keno Hill properties. The Bellekeno Mine is located in this District, and Alexco is rapidly exploring other promising high-grade silver prospects on its properties, with two other historical mines already under development. Alexco’s goal is to identify 100 million ounces of silver in this prospective district and ramp up to more than 7 million ounces of silver production in the next decade.
Through Alexco Environmental Group, a rapidly growing and profitable environmental services business, Alexco holds the contract to remediate environmental impacts from past mining at Keno Hill, in partnership with the Canadian government and the First Nations. This unique business model has allowed Alexco to obtain the mineral and mining rights to the entire Keno Hill district and identify the best prospects for future production, while simultaneously providing cash flow by supplying mine-related environmental services to government and industry clients in Canada, the U.S. and Mexico.
With a strong conviction in the tremendous exploration potential of the Keno Hill Silver District, a fast-track approach to construction, no debt, and a unique business model utilizing both its environmental and mining expertise, Alexco is well positioned to become a major Canadian silver producer.
Annual Production
Silver, koz per year
SEOs: No
Annual Proven & Probable Reserves
Silver, Moz per year
Mineral Authority: NI 43-101, SEOs: No
All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.
Other Markets Traded On
AXU:NYSE
Top Shareholders
- Sprott Asset Management
- Directors and Management
- Sprott Canadian Equity Fund
- Columbia Wanger Asset Management LP
- Columbia Acorn Fund
Capital Structure
| Common Shares Outstanding: | 59,987,565 |
| Float (%): | 93.2 |
| Warrants Outstanding: | 200,000 |
| Options Outstanding: | 4,363,494 |
| Fully Diluted Shares: | 64,551,059 |
Stock as of February 17, 2012
| Local: CAD | USD | |
|---|---|---|
| Stock Price: | 7.56 | 7.58 |
| 52-Week Range: | 9.75 - 6.10 | 9.78 - 6.12 |
| Market Cap: | 454 MM | 455 MM |
| Fully Diluted Market Cap: | 488 MM | 490 MM |
| 1-Year Return: | -6.203% |