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Home > Company Index > Metals & Mining > Gold & Silver & Other Precious Metals > Homestake Mining Company

Homestake Mining Company
NYSE: HM
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 NEWS FROM THE WIRES
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
The Power of Gold
May 23 2001 06:07 AM PDT

Hold the Gold
May 21 2001 06:40 AM PDT

 PROFILE
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
Anglo American plc (AAUK)
Barrick Gold Corporation (ABX)
Newmont Mining Corporation (NEM)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
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
• Jack E. Thompson
    CEO
• David W. Peat
    CFO

 CONTACT INFO
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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