During its 126-year history, the Homestake Mining Company (HMC), located in Lead,
South Dakota, was the oldest, largest and deepest producing gold mine in the Western
Hemisphere. Many advances and changes in the mining industry can be credited to
the talented and creative employees of the HMC. Their dedication and hard work resulted
in safer and more efficient methods of mining, milling and refining the gold bearing
rock of the Homestake Lode. To this end, the Homestake mine quickly and efficiently
evolved from a manually labor intensive operation using timber to set stopes (openings
created when ore is mined) and mules for transporting ore, to a cutting-edge corporation
whose practices caught the attention of the global mining industry. Soon, these
advances in safety and technology were adopted by gold producing mines worldwide.
Locally, the Homestake Mining Company was a ubiquitous and settling presence in
communities of the Northern Black Hills, particularly the neighboring cities of
Deadwood, Central City and Spearfish. People emigrated from around the world to
work for Homestake and settle in Lead. It was the philosophy of founder George Hearst’s
wife, Phoebe Apperson Hearst, that through exposure to educational, cultural and
recreational opportunities, the lives of community residents would be greatly enriched.
Because of her philanthropic generosity and efforts, Phoebe established the first
kindergarten in the western United States in Lead. The public library in Lead bears
her name, an institution where miners could read newspapers from their home countries
including Finland, Czechoslovakia and Wales. The opera house and recreation center
on Main Street featured cultural and leisure activities such as musical and theatrical
performances, Hollywood movies, swimming and bowling. Homestake created in Lead
a vibrant cultural hub, rich with ethnic diversity and economic prosperity. The
mine thrived until 2002, when the cost to extract gold bearing ore rose above its
monetary value and Homestake was forced to close.
The HMC had an exceptional sense of its own legacy and went to great efforts to
keep much of its recorded history for posterity. Within the pages of mining deeds,
land claims, mineral surveys, annual reports, assay ledgers, timber contracts and
photographs lie the stories of Black Hills citizens, communities and the details
of the corporation that was their lifeblood. After the mine’s closure in 2002, this
recorded history was passed on to the Adams Museum & House, Inc. With the opening
of the Homestake Adams Research and Cultural Center in 2009, Homestake’s history
and company legacy will be made accessible to the public through exhibitions, research
opportunities and educational programming.
To learn more, you may download the online presentation of our efforts toward preserving the Homestake Legacy