Homestake Mining Company stock certificate c1900 (Idaho)

Nice vignette of classic lady liberty figure extending a wreath while seated holding an American shield. Unissued and not cancelled. Dated 19__. Different than most issuances of the South Dakota and California incorporations since this was likely a separate company for holding assets in Idaho. Some light water stains just outside the outer border.  Approximately 11 x 8 inches.

Homestake Mining Company was a large American gold mining business founded in 1877 following the Black Hills Gold Rush with its namesake Homestake Mine in South Dakota closing production at the end of 2001. The company was known for its long history and for owning the longest-continuously operated gold mine in the United States, located in Lead, South Dakota.

Homestake Mining Company was a large American gold mining business founded in 1877 that was acquired by Barrick Gold Corporation in 2001, with its namesake Homestake Mine in South Dakota closing production at the end of 2001. The company was known for its long history and for owning the longest-continuously operated gold mine in the United States, located in Lead, South Dakota.

On April 9, 1876 Moses and Fred Manuel established the Homestake Mine near Bobtail Gultch in South Dakota in the Black Hills. George Hearst (father of William Randolph Hearst), Lloyd Tevis, and his brother-in-law James Ben Ali Haggin bought the 10-acre Homestake Mine from its discoverer, Moses Manuel, for $70,000, and incorporated the Homestake Mining Company on November 5, 1877. On January 25, 1879, the company became a public company via an initial public offering on the New York Stock Exchange, the first mining stock ever listed. It grew to be the largest gold mine in the United States.

In 1910 and 1917, the company established hydroelectricity plants. They were sold to the city of Spearfish, South Dakota in 2004. In 1981, the company bought out its partner in its uranium joint venture, United Nuclear Corporation, for $23 million and assumed operation of four uranium mines and one mill. In 1997, the company agreed to acquire a majority interest in the Troilus mine from Inmet Mining but backed out of the deal, leading to a lawsuit. In April 1998, the company acquired Plutonic Resources Limited for $640 million, adding mines in Australia. In December 1998, the company acquired the 49.4% of Prime Resources Group that it did not already own.

In September 2000, the company announced plans to close the Homestake Mine by January 2002. In December 2001, Barrick Gold acquired the company.

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