| | Business Summary | | Homestake
Mining
Company
is
the
parent
holding
company
of
Homestake
Mining
Company
of
California
(Homestake
California).
Homestake
is
one
of
the
largest
North
American-based
gold
mining
companies,
with
current
annual
production
of
approximately
2.2
million
ounces
of
gold
and
with
reserves
of
approximately
20.8
million
ounces
of
gold
at
December
31,
2000.
Homestake's
operations
include
mineral
exploration,
extraction,
processing,
refining
and
reclamation.
Gold
bullion
is
Homestake's
principal
product.
Ore
and
concentrates
containing
gold
and
silver
from
the
Eskay
Creek
mine
are
sold
directly
to
smelters.
Homestake
has
significant
operations
in
the
United
States,
Canada
and
Australia.
Homestake
also
has
operations
in
Chile
and
a
development
project
in
Argentina.
Homestake
is
engaged
in
active
exploration
projects
in
the
United
States,
Canada,
Australia,
Argentina
and
Chile. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Homestake
Mining
Co.
is
engaged
in
the
exploration
and
development
of
gold
and
other
precious
resources,
operating
gold
mines
in
the
United
States,
Australia,
Chile
and
Canada.
For
the
six
months
ended
6/30/01,
total
revenues
rose
10%
to
$361.5
million.
Net
income
from
continuing
operations
totalled
$3.8
million
vs.
a
loss
of
$18.2
million.
Revenues
reflect
higher
production
and
lower
cash
costs
of
gold.
Earnings
reflect
decreased
exploration
and
interest
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jack Thompson, 51
Chairman,
CEO | $1.2M | Walter Segsworth, 51
Pres,
COO, Director | 735K | David Peat, 48
VP-Fin.,
CFO | -- | Michael Carroll, 47
VP,
Treasurer | -- | Wayne Kirk, 57
VP,
Gen. Counsel and Sec. | 734K | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/h/hm.gif)