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Home > Company Index > Metals & Mining > Gold & Silver & Other Precious Metals > Homestake Mining Company
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Homestake Mining Company |
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NEWS FROM THE WIRES |
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Placer sees cash flow of $1.5 billion by end of 2004 Aug 16 2001 02:02 PM PDT
Placer sees cash flow of $1.5 billion by end of 2004 Aug 16 2001 02:02 PM PDT
Gold shares retreat after pacing stock market Aug 10 2001 10:30 AM PDT
Homestake on track to meet 2001 gold output targets Aug 01 2001 08:25 AM PDT
Homestake 2nd-qtr earnings up with production Jul 31 2001 02:34 PM PDT
> More WIRE STORIES about this company
NEWS FROM THE STANDARD |
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The Power of Gold
May 23 2001 06:07 AM PDT
Hold the Gold
May 21 2001 06:40 AM PDT
PROFILE |
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Founded in 1877 to mine the Black Hills of South Dakota, Homestake Mining survives to this day as the US's #2 producer of gold (after Newmont Mining). The company also operates mines in Argentina, Australia, Canada, and Chile. These mines produce some 2.2 million ounces of gold and silver per year, enabling the company to compete with Barrick Gold, Normandy Mining, Placer Dome, and WMC for the top gold producer spot in Canada and Australia. Homestake's proven and probable gold reserves total nearly 19 million ounces, and its silver reserves total 110 million ounces. Homestake has agreed to be bought by rival Barrick Gold. The $2.3 billion deal will create the world's #2 gold producer and the low-cost leader.
COMPETITION |
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Anglo American plc (AAUK)
Barrick Gold Corporation (ABX)
Newmont Mining Corporation (NEM)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 665.70
1-Yr. Sales Growth: (3.7)%
Employees: 1,173
Revenue per employee: $567,519.18
KEY PEOPLE |
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Jack E. Thompson
CEO
David W. Peat
CFO
CONTACT INFO |
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1600 Riviera Drive, Suite 200
Walnut Creek, CA 94596
US
Phone: 925-817-1300
Fax: 925-746-0563
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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