Company Spotlight features video, webcasts, presentations and annual reports for more than 30,000 companies. Sign up to promote your company. ×
Alexco Resource Corp.
Toronto Stock Exchange: AXR | NYSE MKT: AXU
Company Description
"Canada's Only Primary Silver Producer" Alexco owns and operates the Bellekeno silver mine, 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. The Company owns 100% of the historical Keno Hill Silver District, located in Canada's Yukon Territory. The Bellekeno mine is located in this District, and it produced 2.02 million ounces of silver during 2011. Alexco is rapidly exploring other promising high-grade silver prospects throughout its Keno Hill holdings. Two more mines are in development with production targeted to commence by the end of 2012, and for the 2012 exploration season the Company will invest $12 million on a 29,000 meter surface and underground drilling program spanning the District. Alexco’s goal is to identify 100 million ounces of silver resources in this prospective District, and ramp up to more than 7 million ounces of annual silver production within the next decade. Through its Alexco Environmental Group (AEG), a rapidly growing and profitable environmental services business, Alexco holds the contract to remediate environmental impacts from past mining in the Keno Hill District, in partnership with the Canadian government and the First Nations. This unique business model allowed Alexco to obtain the mineral and mining rights to the entire Keno Hill area and identify the best prospects for future production, while simultaneously enabling it to responsibly manage the reclamation of this historical mining District. AEG supplies mine-related environmental services to government and industry clients in Canada, the U.S. and elsewhere through North and South America and overseas. With a strong conviction in the tremendous exploration potential of the Keno Hill Silver District, a fast-track approach to construction, no financial debt, and a unique business model utilizing both its environmental and mining expertise, Alexco is on track to become a major Canadian silver producer.
Featured Media
Corporate Presentation
April 2013
Executives
- Clynton R. Nauman, President and Chief Executive Officer
- Mr. Nauman brings over 35 years of diversified experience in the mineral industry, ranging from exploration and business development to operations and business management in the precious metals, base metals and coal sectors. Mr. Nauman is also currently the CEO of Asset Liability Management Group and has held various executive and operations positions with Nerco Minerals and Coal companies (now Rio Tinto), Kennecott and Viceroy Resource Corp. Mr. Nauman holds a BSc (Hons) in geology from Otago University, New Zealand.
- Brad A. Thrall, Executive Vice President & Chief Operating Officer
- Mr. Thrall brings over 25 years of experience and accomplishments in mine operations management, environmental management and mine-closure planning and execution. Mr. Thrall has held a number of operations management positions with Viceroy Resource, Barrick Gold and Goldcorp and is also currently the President of Asset Liability Management Group. Mr. Thrall holds a B.Sc. in Metallurgical Engineering from South Dakota School of Mines and Technology and an MBA from the University of Colorado.
- David Whittle, CA, Chief Financial Officer and Company Ethics Officer
- Mr. Whittle is a Canadian qualified Chartered Accountant with over 18 years of senior management experience in the mining industry and more than 20 years of experience in the management, financing, accounting and audit of public and private companies. He has been responsible for strategic planning initiatives, operations and all aspects of corporate and financial management and administration, with extensive experience in public company regulatory filings and compliance in Canada and the United States. Mr. Whittle has completed numerous corporate financings for mining projects, encompassing a variety of structures, both domestically and internationally. He is also an independent director and the audit committee chair of each of Mountain Province Diamonds Inc. and Kennady Diamonds Inc.
- Alan McOnie, FAusIMM, Vice President, Exploration
- Mr. McOnie has over 30 years experience as a professional geologist in mineral exploration, government and the precious metal industry. He holds a BSc in Geology from the University of Otago, New Zealand and an MSc in Geology from the University of Toronto. Prior to joining Alexco, Mr. McOnie worked as a geological and GIS mapping consultant in Australia, New Zealand, and North America, including Alexco's Keno Hill Project, and has held management and senior management level positions all through his career.
- James Harrington, MSc, President, Alexco Environmmental Group
- Mr. Harrington has 20 years of experience in environmental cleanup of mining, industrial and government sites. He has led the closure design and implementation for mines in the Western United States and Canada for base and precious metals, coal and uranium. He is currently a consultant overseeing some of the largest groundwater remediation projects in the United States, providing strategic advice, regulatory consultation and technical oversight and review. Prior to joining Alexco, Mr. Harrington was Vice President for ARCADIS in the corporate remediation group. Mr. Harrington holds an MSc in microbiology and biochemistry.
- Joe Harrington, BSc , Vice President, Technology & Strategic Development, Alexco Resou
- Mr. Harrington was the CEO/founder of Green World Science, and the patent inventor of the heavy metals immobilization treatment technology now owned by Alexco and protected by numerous Canadian, US and foreign patents. Prior to joining Alexco, Mr. Harrington was Vice President of the mining and metals business for ARCADIS, conducted research and development for controlled release fertilizers, fuel ethanol, phosphate mineral processing and bioremediation technologies for the J.R. Simplot Company, and served as technology liaison officer between the University of Idaho and the Simplot Company. Mr. Harrington was awarded the Goldwater Fellowship and completed his BSc and graduate course work at the University of Idaho. Mr. Harrington previously served on the advisory board of Energy Metals Corp. and currently serves on the advisory board of Golden Predator Mines Inc.