History of Homestake Gold Mine (1876 to Present)

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Homestake Mining Company
The Physical Object
ID Numbers
Open LibraryOL10126146M
ISBN 100191010227
ISBN 139780191010224

The Homestake Gold Mine was a success for over years, becoming the flagship of the Homestake Mining Company which existed as a separate corporation until The Homestake Mine provided employment and community that stood the test of time.

Today, many miners and their families still remember the community and company as one. History of Homestake Gold Mine ( to Present) and a great selection of related books, art and collectibles available now at The Homestake Mine was a deep underground gold mine located in Lead, South it closed in it was the largest and deepest gold mine in North mine produced more than forty million troy ounces (43, oz; 1, kg) of gold during its lifetime.

This is about m 3 or a volume of gold roughly equal to 18 gallons (a cube with each side being roughly Homestake: The Centennial History of America's Greatest Gold Mine [William Bronson, T.

Watkins] on *FREE* shipping on qualifying offers. Homestake: The Centennial History of America's Greatest Gold Mine5/5(3). Staking a Claim in History: The Evolution of Homestake Mining Company Hardcover – January 1, by Duane A.

Smith (Author) See all formats and editions Hide other formats and editions. Price New from Used from Price: $ On Septemit was announced that the Homestake Gold Mine in Lead would be permanently closed after years of operation. Larry Mann, the spokesman for the mine, shared that the falling price of gold and rising production costs were to blame for the closing.

Homestake Mining Company was one of the largest gold mining businesses in the United States and the owner of the Homestake Mine in Lead, South d init was acquired by Barrick Gold in December Homestake was the longest-listed stock in the history of the New York Stock Exchange.

History. George Hearst (father of William Randolph Hearst), Lloyd Tevis, and his brother. The Barrick Gold Corporation donates the Homestake Gold Mine to the state of South Dakota. A $70 million donation from billionaire T. Denny Sanford and a $40 million commitment from the state of South Dakota prepares the way for the development of a deep underground lab.

DATE NAME MINE (TOWN) fatal/nonfatal Page Report Year DEC13 BOGY, THOMAS ESMERALDA F 17 6 NOV2 BOHENNA, HERVEY Homestake (Lead) N 14 DEC1 BOINT, WILLIAM Homestake (Lead) N 31 AUG31 BONESSE, LOUIS Homestake (Lead) F 8 JUL13 BOODLEMAN, CHARLES Homestake (Lead) N 29 NOV27 BOOK, MITCHEL Homestake.

Until its closure inHomestake was the largest and deepest gold mine in North America, producing approximately 41 million ounces of gold in its year lifetime.

Early Physics Research The idea of housing physics research at Sanford Lab came long before its official conversion to a research facility.

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The Homestake Mine became the longest continuously operated gold mine in the country, operating for more than years. The mine reached more than 8, feet below the city of Lead.

But in Septembermining officials announced the mine would close. Two years later, in JanuaryHomestake closed its doors. But those doors would open. The Homestake mine remained closed for three years, reopening again inwhich, as it turned out, benefited the company, as much of its competition dissolved during this time.

For gold mining companies with smaller producing mines than Homestake Mining, the.

Details History of Homestake Gold Mine (1876 to Present) FB2

The National Copper Mining Company played an important role in the history of the Homestake. National Copper purchased a controlling interest ofshares in Homestake inand increased its holdings to 1, shares inone year before Homestake was absorbed by. The mine first gave up its ore in April of when two brother, Fred and Moses Manuel, struck gold in a rock outcropping near the town of Lead, just a few miles north of Deadwood.

Homestake closed in but you can still view the open-cut and learn about the mine’s rich history. Once the largest gold mine in America, Homestake Gold Mine has a rich history just waiting to be discovered. Tours explore the mine and the historic town of Lead, South Dakota.

Description History of Homestake Gold Mine (1876 to Present) PDF

Open 8am to 6pm, May through September. Tour tickets are $/person, $/student, $/senior, $25/family of four. Before its closing in Homestake Gold Mine was the oldest, largest and deepest mine in the Western Hemisphere, reaching more than feet below the town of Lead.

Without a doubt, the best place to begin to uncover the fascinating story of the Homestake Gold Mine is the Homestake Visitor Center at West Main Street, Lead SD. In the first year of production, the Manuels recovered ounces of gold.

The Homestake Mine and other claims were purchased by George Hurst and a group of California investors in The Homestake Mining Company of California was formed.

A large mill with 80 stamps was constructed and production increased. History Lead has been called the richest square miles on Earth.

Over a period of years, miners pulled more than 41 million ounces of gold and 9 million ounces of silver from the Homestake Mine, the largest mine in the western hemisphere. The Homestake Gold Mine was one of the early enterprises associated with the Gold Rush of in the northern Black Hills of what was then Dakota Territory.

The mining community of Deadwood was the center of the gold fever, with tents, sawmills, log houses and saloons springing up seemingly overnight. The cornerstone of Homestake’s success was their dividend policy. 53 years of continuous dividend payments helped Homestake grow to become the default choice for gold.

The Homestake Gold Mine was claimed by two brothers, Fred and Moses Manuel, and their partner, Hank Harney on April 9, In June of George Hearst purchased the claim from the Manuel brothers for a mere $70, The Homestake Gold Mine would go on to produce over 40 million ounces of gold during its lifetime, valuing over a billion dollars.

Spine title: Homestake--America's greatest gold mine. Description: 87 pages: illustrations ; 29 cm: Other Titles: Homestake--America's greatest gold mine: Responsibility: by.

Once gold was discovered in the Deadwood area inthe government ignored the treaties and moved the Indians out of the Black Hills. The result was a frenzied influx of treasure seekers and the Black Hills Gold Rush was on. Lead was founded at the site of gold discoveries that eventually became the Homestake mine.

Homestake Mine. The Homestake Gold Mine in the northern Black Hills of South Dakota was the largest iron-formation-hosted gold deposit in the world and produced tons (or approximately 40 million ounces) of gold over its year history at an average historical reserve grade of approximately ounces gold per ton.

Lead, South Dakota, has been called the richest square miles on Earth. For over years, miners pulled more than 41 million ounces of gold and 9 million ounces of silver from the Homestake Mine, / TripAdvisor reviews.

The history books have it all wrong. For Napa County, the Gold Rush wasn’t in It happened less than 30 years ago in a remote corner of the county site of the former Homestake Gold Mine. Film from shows how methods of gold recovery evolved at Homestake Mine.

Gold Recovery at Homestake Mine: - Film and video shot over the years shows changes in gold. Beginning inHomestake Mining launched an aggressive exploration program to find new gold deposits, which resulted in the discovery of the McLaughlin gold mine in California ina symbolic discovery made in the first year of a decade that would see Homestake Mining move back into gold and away from uranium, lead, zinc, and silver.

It became the largest and deepest gold mine in North America, producing around 40 million ounces of gold before it closed in Throughout those years, the history of the Black Hills and western South Dakota was closely interwoven with the Homestake Mine.

Its impact is still felt in the Lead/Deadwood community today. Lead, S.D.: Homestake Gold MineHomestake Gold Mine in Lead, S.D., undated y of Congress, Washington, D.C.

with the closing of the Homestake Gold Mine (opened ), which was the world’s oldest continuously operating gold mine until it closed in ; chemist Raymond Davis. The age of the gold mineralization cannot be established. It may be predominantly pre-Cambrian, wholly Tertiary, or partly of each age.

It is not known why practically all the gold is confined to the Homestake formation although some of the adjacent formations differ very little from the Homestake in physical and even in chemical character.You’ll also learn a little bit about the mining process and the state-of-the-art Waste Water Treatment Plant designed by Homestake Mining Company and still used today by Sanford Underground Research Facility.

Tours last approximately one hour. To book your. 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 as part of the Black Hills Gold Rush.

While the gold proved to be low grade, the mind eventually produced million ounces of gold while open, and turned heads at the time. A year.