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Gold/Mining/Energy : Homestake Mining
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To: long-gone who wrote (54)1/4/1998 11:23:00 AM
From: Bill Grant  Read Replies (1) of 415
 
Richard,

I have to correct what I had replied to you earlier about Homestake not producing any silver. They have been producing some silver at their Eskay Creek mine in British Columbia. Since silver production is lumped in their quarterly reports as "production ounces", I was not able to identify how much silver is being produced and at what cost. The Eskay Creek mine has the lowest cash costs of any of their properties ($162 per ounce vs $243 on average for all properties).

Bill
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