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Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.63-1.4%Oct 31 4:00 PM EDT

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To: Ken Benes who wrote (39104)8/16/1999 12:00:00 PM
From: long-gone   of 116741
 
Company Filings <CompanyList.asp?searchType=2&UseFrame=0&ticker=HM&CIK=&FormType=&SICCode=&DateFiled=&StateInc=&City=&State=&OEMSource=ccbn1&CompanyName=>
HOMESTAKE MINING CO /DE/
Form: 10-Q Filing Date: 8/13/99

In July 1999, the Company closed out US dollar-denominated forward sales contracts covering 245,016 ounces maturing in the years 2001, 2002 and 2003. The pretax gain of $35 million realized as a result of this action will be deferred and recorded in income as the originally designated production is sold.

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