Homestake Mining Company

The Homestake Mining Company was one of the largest mining companies, which promoted gold. The US-based company was founded in 1877 and was in gold mining from 19 - to 21 century important. In 2002 it was taken over by the Canadian Barrick Gold Corporation.

Homestake was the company that opened the oldest gold mine, the Homestake Gold Mine in Lead, South Dakota. The gold deposits in the Black Hills, which was located on the land of the Sioux, discovered Moses Manuel, who staked a claim in 1876, which became known as Homestake. This gold mine was purchased by George Hearst and two partners for U.S. $ 70,000. 1877 they founded the Homestake Mining Compagny and made ​​this gold mining the most important in the world for the next 100 years. 1879 the company's stock was issued and it was the company that was the longest listed on the New York Stock Exchange.