Homestake Mining Company - HM- Profile

Homestake Mining Co.. The principal activities of the Group are gold mining and related activities including the exploration, extraction, processing, refining and reclamation of gold bullion, ore and concentrates containing gold and silver. Gold bullion is the principal product of the company. The ore and concentrates containing gold and silver from the Eskey Creek mine are sold directly to smelters. The Group produces and sells oil. The operations of the Group are carried on in the United States, Canada, Australia, Chile and other countries. During 2000, the Group acquired 25% interest in Round Mountain mine from Case Pomery & Company Inc. The subsidiaries of the Group are located at Brazil, Australia, Argentina and other countries. Gold and ore sales accounted for 100% of 2000 revenues and oil, nom.