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Wits Basin Precious Minerals Inc. (WITM.OB)At 3:39PM ET: 0.085   0.00 (0.00%)  
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Wits Basin Precious Minerals Inc.
900 IDS Center
80 South 8th Street
Minneapolis, MN 55402-8773
United States - Map
Phone: 612-349-5277
Fax: 612-395-5276
Web Site: http://www.witsbasin.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Gold
Full Time Employees:5

BUSINESS SUMMARY 
Wits Basin Precious Minerals Inc., together with its subsidiaries, engages in the exploration and development of mineral properties in South Africa, Mexico, and Colorado. The company holds interest in the Bates-Hunter mine situated in Central City, Colorado; a 35% interest in the FSC project, a gold exploration project located adjacent to the Witwatersrand basin in South Africa; and a 50% interest in the Vianey Mine Concession situated in the state of Guerrero, Mexico. It also holds an option to acquire interests in a nickel property and certain iron ore mining properties located in the People’s Republic of China. The company was formerly known as Active IQ Technologies, Inc. and changed its name to Wits Basin Precious Minerals Inc. in June 2003. Wits Basin Precious Minerals Inc. was founded in 1992 and is based in Minneapolis, Minnesota.
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    KEY EXECUTIVES 
     PayExercised
    Mr. Stephen D. King , 53
    Chief Exec. Officer, Director and Member of Independent Committee
    $ 60.00KN/A
    Dr. Clyde Smith Ph.D., P.Eng., 72
    Pres
    $ 120.00KN/A
    Mr. Mark D. Dacko , 58
    Chief Financial Officer, Principal Accounting Officer and Sec.
    N/A N/A
    Mr. Glenn O’Gorman B.Sc., P. Eng., 59
    Chief Engineer of Bates - Hunter Gold Mine
    N/A N/A
    Mr. Chuck Mottley ,
    Consultant
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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