The principal activity of the company is to produce gold. The company explores and develops mines for precious metals and gold. The company operates in two segments: gold bullion and industrial minerals. The company's gold mines include red lake mine located in northern ontario and the wharf mine located in South Dakota. At 31-12-2001, the company owns industrial minerals operations in saskatchewan, Canada which produces sodium sulphate primarily for the detergent industry. Gold accounted for 95% of 2001 revenues and industrial materials, 5%.