Homestake Mining Company History (1877-2000)

Homestake has maintained a major role in the gold mining industry for over 120 years. Since 1990, the Company has produced 17 million gold and equivalent …

Dolly Varden discovers new, high-grade gold zone at Homestake …

Step-out drilling returned 79.49 g/t gold and 60 g/t silver over 12.45 metres, including 1,335 g/t gold and 781 g/t silver over 0.7 metre in hole HR23-389.

homestake mining collectables for sale | eBay

Native Gold in Quartz & Schist Homestake Mine Lead Mining Dist. South Dakota. Brand New. $100.00. northcarolinaminerals (1,423) . or Best Offer. Free shipping. RARE NEW 24kt Gold Plated Homestake Mining Co Belt …

Homestake Mining Company History (1877-2000)

Company History: Owner and operator of the oldest gold mine in the United States, Homestake Mining Company is an international gold mining company with substantial gold interests in Canada and Australia, as well as smaller interests in Chile. From the company's Homestake mine, which began producing gold in 1876, …

Nuggets of Homestake Mine – Black Hills Visitor

Moses and Fred Manuel discovered the Homestake Ledge on April 9, 1876; sank a shaft in the side of a draw; built a crude mill and took out $5,000 worth of gold that spring. The city of Lead was named for that outcropping of ore, referred to as a lead and pronounced "leed.". George Hearst sent L.D. Kellogg, an experienced practical miner, to ...

COMPANY NEWS; HOMESTAKE MINING TO BUY A …

Homestake will acquire each of Argentina Gold's shares outstanding for 0.545 Homestake share, or $5.14 each at Friday's closing stock price. Homestake, a San Francisco-based company, will issue 21 ...

Homestake | NRC.gov

The Homestake Mining Company of California (Homestake), Grants Reclamation Project (GRP), located 5.5 miles northeast of Milan, NM, is a conventional uranium mill site under reclamation (Figure 1). Uranium processing started in the late 1950's and continued until 1990. The GRP is in the decommissioning phase with an ongoing …

Gold Stocks and The Great Crash of 1929 Revisited | Gold Eagle

It is meaningful to note that in late 1929 the value of Homestake Mining was about $80 per share. Moreover, during the next six years Homestake Mining paid out a total of $128 in cash dividends. In fact the 1935 dividend alone reached $56 per share. That's almost a 70% dividend yield payout (basis 1929) in only one year!

Barrick Completes Merger with Homestake

Dec. 14, 2001- Barrick Gold Corporation (NYSE:ABX TSE:ABX. PARIS:ABX.) (SWISS:ABX.) (LSE:ABX.) today announced the completion of its merger with Homestake Mining Company (NYSE: HM), strengthening Barrick's leadership position as the most valuable gold mining company by market capitalization. ``Going forward, our goal is to …

History of the Homestake Gold Mine

Progress came quickly. Telegraph service began December 1st and by early 1877 four hotels, a grocery store, saloon, bakery and butcher shop were up and running. In June 1877 George Hearst, who had earlier sent an agent to offer a bond to owners of the Homestake claim, bought the four and one half acre claim for $70,000.

Homestake Mining Company Records

National Copper purchased a controlling interest of 700,000 shares in Homestake in 1921, and increased its holdings to 1,238,955 shares in 1942, one year before Homestake was absorbed by the King Mining Company. The Homestake Mine was considered National Copper's greatest asset.

Encyclopedia of the Great Plains | HOMESTAKE MINE

Homestake Mining Company began operations in the Black Hills of Dakota Territory (now South Dakota) in 1877 after a group of California miners purchased the Golden Star and Homestake claims for $70,000. These original claims comprised approximately ten acres. By 1999 the Homestake Mine had grown to more than 8,000 acres of patented claims …

A Real Goldmine: The Homestake Story

The Homestake was the first publicly traded mining stock and a key source of William Randolph Hearst's fortune, managed by his widowed mother Phoebe for 28 years. Today the former mine plays a …

The Lessons of Homestake Mining in Gold Bull …

In the period from 1891 to 1987, Homestake Mining increased in value from $9 over $5000 per share. Because it is our …

Dakota Gold: Possible Upside, But The Stock Could Get …

The company is exploring the Homestake Mining District in South Dakota, which has a history of high gold production. ... which implies strong upside potential for the share price should gold ...

9.99 Troy Ounce Homestake Mining Company Vintage Poured …

-The Homestake Mining Company took its name from its famous namesake mine located in South Dakota.-The Homestake Mine was one of the world's most prolific and longest operating gold mines. It produced an estimated 39.8 million troy ounces of gold and 9 million troy ounces of silver during its 123 years of operation, from 1878 to 2001.

Homestake Mining: The Exception that Proves the …

In the period from 1891 to 1987, Homestake Mining increased in value from $9 over $5000 per share. Because it is our assertion that gold and gold stocks rise and fall with the general market (either leading or slightly …

A Real Goldmine: The Homestake Story

At the price of gold as of this writing ($1821 per ounce), the mine's lifetime production of almost forty million ounces would be worth $72 billion. The Homestake was the first publicly traded mining stock and a …

Homestake and Lead history | Sanford Underground …

From 1876 to 2001, Homestake Gold Mine mined more than 40 million ounces of gold, making it the deepest and most productive gold mine in the Western Hemisphere before closing in 2002. Sanford Lab Homestake Visitor Center. Your first stop in Lead, South Dakota! Full Details.

Dakota Gold | Investor Hub

Shares Outstanding: 86.7: Stock Options: 4.2: Restricted Share Units: 0.9: Performance Share Units: 0.4: Warrants Outstanding: 7.6: Fully Diluted: 99.9: Cash: $25.5: ... Dakota Gold has high-caliber gold mineral properties covering over 46 thousand acres surrounding the historic Homestake Mine.

About the Homestake Tours and Led

It follows the mining process including hoisting, crushing and milling of the underground ore and views Homestake Gold Mine's state-of-the-art Waste Water Treatment Plant and open pit mine. This is a guided tour that takes about 1 hour. You are taken via bus through the city of Lead then up to the Homestake surface operation.

HOMESTAKE STOCK CERTIFICATES | Old West History Sto

This is what the very first certificates from the Homestake Mining Company looked like. They were small-sized and looked quite different from later issues. It is estimated that only about 500 were ever issued and few survive today. Issued on July 11th, 1878 for 30 shares worth $100 each.

Homestake Mining: The Exception that Proves the Rule

In the period from 1891 to 1987, Homestake Mining increased in value from $9 over $5000 per share. Because it is our assertion that gold and gold stocks rise and fall with the general market (either leading or slightly lagging), we will demonstrate that Homestake Mining is the exception that proves the rule. Homestake Stock Splits: 8 for 1 1937.

The Homestake Mine

And by 1934, the Homestake Mine was home to the world's deepest shaft that ran 5,000 feet below ground. In its lifetime, the mine yielded more than 40-million troy ounces of gold and silver. Credit: Library of Congress. Most of the gold was transported from the Homestake Mine across the country by horse and buggy or by rail.

Geology Synopsis

Geology Synopsis. SYNOPSIS OF HOMESTAKE MINE GEOLOGY. Thomas J. Campbell. The historic Homestake Gold Mine is located in the Lead Window in the northern Black Hills of South Dakota and is hosted in Precambrian rocks that are approximately two billion years old. Gold was the major commodity produced by the mine with silver recovered as …

Barrick Completes Merger with Homestake

With the inclusion of Homestake's hedge position, the Program is very much in line with its historic parameters. The Program had 18.3 million ounces in spot deferred …

Ludwig Kelloch

Production was steadily expanded, breaking all records and setting a new standard in the gold mining industry. The New York Stock Exchange began accepting Homestake shares on the open market in January 1879. …

Dakota Gold | Investor Hub

Dakota Gold | Investor Hub. WHY INVEST. District contained the Homestake Mine, a 40-million-ounce gold producer. Over 145 years of continuous mining in the district. A safe, low-cost jurisdiction. Learn …

Business: Homestake

Biggest and most consistently profitable gold mine in the U. S., Homestake rose during the Depression from. $65 per share in 1929 to a point where, at more than $300 per share in 1933, it was the ...

The Homestake Mine: Then and Now

The prospectors presented their location certificate of this Homestake lode — there were similarly named lodes in virtually every mining district across the state — at the Lake County courthouse in Granite on Sept. 20, 1871. It was the first silver claim in Lake County, and among the earliest in the state.

Q&A with Steven T. Mitchell, author of The Riches of Our …

The story of the gold mine transformed into an underground science laboratory—that is the subject of The Riches of Our Universe: The Homestake Legacy at the Sanford Underground Research Facility, written by Steven T. Mitchell and published this year by the South Dakota Science and Technology Authority (SDSTA).. Filled with …

HOME | Old West History Sto

Ornate stock certificate issued to John Hays for 100 shares worth $100 each. Large spectacular vignette, showing the mine buildings surrounded by mountains. "MOUNTAIN QUEEN REDUCTION WORKS" printed on …

HOMESTAKE MINING TO BUY FELMONT OIL

The Homestake Mining Company, the nation's largest gold producer, agreed to acquire the Felmont Oil Corporation, an oil and gas exploration company, in a stock swap valued at $400 million, the ...

Surviving the Crash of 1929: How Gold Stocks Defied the

From 1929 until January 1933, the shares of Homestake Mining, which was the largest gold producer in the United States, shot up an impressive 474%. Meanwhile, Dome Mines, Canada's largest producer, went up 558%. During this same period, the Dow Jones took a beating, losing a staggering 73% of its value.

Hearst and the Homestake Mine

The Homestake Mine is located in Lead, South Dakota. The gold deposit that would later create the largest and deepest mine in North America was discovered in 1876 as part of the Black Hills Gold Rush. ... 1 The Homestake Mine shares would become one of the longest lived stocks on the New York Stock Exchange. 2 Some of …

Homestake Mill Site Review

The Homestake Mining Company of California (Homestake), Grants Reclamation Project (GRP) is located in Cibola County, 5.5 miles northeast of Milan, New Mexico and approximately 6.4 miles north of Grants, New Mexico. Ownership and History. Homestake is owned by Barrick Gold Corporation. The Homestake mill operated from 1958 until 1990.

Sharp Bits Magazine

The Sharp Bits Magazine was a monthly publication by the Homestake Mining Company, beginning in 1950 and ending in the mid-1970s. Usually, the magazine had a monthly theme, aways focused on Homestake endeavors from Main Street in Lead to operations across the world. The magazine contained captioned pictures with most of them …

Homestake Mining, 1985, 50 oz. Silver Bars... Value? | Coin …

A good example is the most recent sale of a 10 oz Homestake bar on Ebay - it brought $1333. A month before than I bought a kilo sized one for just $20 more. So, bottom line is your 50 oz bars will get a premium over spot, but nowhere near what the smaller bars bring. Somewhere around 2 to 2 1/2 times spot...

Sanford Lab Homestake Visitor Center

The Sanford Lab Homestake Visitor Center is the northern gateway to the Black Hills and your first stop in Lead, South Dakota.Visitors discover the story of this region — from the creation of the deepest gold mine in Northern Hemisphere, to Nobel Prize-winning science, to secrets of the universe still being uncovered at the Sanford Underground Research …

19 Homestake Gold Mine Facts

The Homestake Gold Mine, established in 1877, was the largest and deepest gold mine in North America, producing 40 million ounces of gold and playing a pivotal role in South Dakota's economy and scientific research. After its closure in 2001, the mine's legacy endures through the Sanford Underground Research Facility and public …