California-Engels Mining Co. (CAEN)
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California-Engels Mining Co. Profile
| Metals & Mining Industry | Materials Sector | Norman A. Lamb CEO | OTC PINK Exchange | 130199102 CUSIP |
| US Country | 1 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
The California-Engels Mining Company, established in 1880, plays a significant role in the development of mineral and timber properties across the western United States. The company is headquartered in Roseville, California, and has developed a notable presence in its industry through the acquisition and development of various properties. With a rich history dating back to the 19th century, California-Engels Mining Company has built its reputation on the exploration and development of precious metal and timber resources. The company's primary operations are concentrated in the Engelmine and Lights Creek Mining Districts, as well as the Genesee Mining District in Plumas County, California, where it owns a substantial amount of land and patented lode mining claims.
Products and Services
- Mineral Development
- Timber Development
- Real Estate and Land Management
California-Engels Mining Company specializes in the development of mineral properties, focusing on the exploration, extraction, and processing of valuable minerals. The company owns 36 patented lode mining claims covering an area of 736 acres, along with 339.24 acres of other patented lands at Engelmine, in the Lights Creek Mining District of Plumas County. These operations target various minerals, primarily aiming to extract valuable resources efficiently and sustainably.
In addition to mineral resources, the company is also engaged in the development of timber properties. This division focuses on the sustainable management and harvesting of timber resources on the company's lands. By implementing responsible forestry practices, California-Engels Mining Company strives to balance economic gain with environmental conservation, ensuring the longevity and health of its timber resources.
The expansive ownership of land, including 5 patented lode mining claims covering 100 acres located in the Genesee Mining District of Plumas County, enables the company to engage in real estate and land management activities. This includes the strategic development, sale, or leasing of land for various purposes, capitalizing on the value of its extensive property holdings beyond mining and timber operations.
