Stephen H. Durland

JAB International, Inc. explores and develops mineral properties and mining equipment. Mineral properties and mining equipment include land and mining equipment carried at cost. Mining equipment including mill facilities is depreciated using the straight-line method over estimated useful lives of 5 to 15 years, or the units-of-production method based on estimated tons of ore reserves if the equipment is located at a producing property with a shorter economic life. The company was founded in 1982 and is headquartered in Houston, TX