CAMPBELL RESOURCES INC /NEW/
10-Q/A, 1998-10-21
GOLD AND SILVER ORES
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                FORM 10-Q/A NO.1
(Mark One)
[X]           QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934
                For the quarterly period ended SEPTEMBER 30, 1997

       Amending Item 6 for the purpose of furnishing amended Exhibit 27.1

[ ]           TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                     For the transition period from      to

                          Commission File Number 1-8488

                             CAMPBELL RESOURCES INC.
             (Exact Name of registrant as specified in its charter)

             Canada                                     Not Applicable          
  (State or other jurisdiction                I.R.S. Employer Identification No.
of incorporation or organization)

120 Adelaide St. West, Suite 1910, 
Toronto, Ontario M5H 1T1 Canada                        Not applicable
(Address of principal executive offices)                 (Zip Code)

Registrant's telephone number, including area code           (416) 366-5201



Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months, and (2) has been subject to such filing requirements 
for the past 90 days.                                            YES  X   NO 
                                                                             ---

Indicate the number of shares outstanding of each of issuer's classes of common
stock, as of the latest practicable date.

Shares Outstanding as of September 30, 1997, 150,495,233 Common Shares, without
par value
<PAGE>   2
ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

         (a)      Exhibit 27.1 - Amended Financial Data Schedule

         (b)      No reports on Form 8-K were filed during the three months 
                  ended September 30, 1997




                                        2
<PAGE>   3
                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this amendment to be signed on its behalf by the
undersigned thereunto duly authorized.

                                        CAMPBELL RESOURCES INC.




                                   "PAUL J. IRELAND"
                                   -------------------------------------------
                                   Paul J. Ireland
                                   Vice President, Finance and Chief Financial
                                   Officer (Principal Financial and Accounting
                                   Officer and authorized signatory)

Toronto, Ontario
October 21, 1998


                                        3
<PAGE>   4
                             CAMPBELL RESOURCES INC.
                      FORM 10-Q/A NO.1 - SEPTEMBER 30, 1997

                                  EXHIBIT INDEX



         27.1     Amended Financial Data Schedule




<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS, CONSOLIDATED STATEMENTS OF INCOME AND CONSOLIDATED
STATEMENTS OF CASH FLOWS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
<CURRENCY> CANADIAN $
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<EXCHANGE-RATE>                                 0.7236
<CASH>                                          43,239
<SECURITIES>                                         0
<RECEIVABLES>                                    7,175
<ALLOWANCES>                                         0
<INVENTORY>                                      8,286
<CURRENT-ASSETS>                                59,976
<PP&E>                                         166,560
<DEPRECIATION>                                  70,268
<TOTAL-ASSETS>                                 157,309
<CURRENT-LIABILITIES>                            5,854
<BONDS>                                          7,714
                                0
                                          0
<COMMON>                                       120,793
<OTHER-SE>                                      15,450
<TOTAL-LIABILITY-AND-EQUITY>                   157,309
<SALES>                                         38,837
<TOTAL-REVENUES>                                38,837
<CGS>                                           45,299
<TOTAL-COSTS>                                   45,299
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 481
<INCOME-PRETAX>                                (7,915)
<INCOME-TAX>                                         6
<INCOME-CONTINUING>                            (7,921)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (7,921)
<EPS-PRIMARY>                                   (0.05)
<EPS-DILUTED>                                   (0.05)
        

</TABLE>


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