<TABLE> <S> <C>


<ARTICLE>                     5
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
Consolidated  Balance Sheets at December 31, 1998, 1997 and 1996 and the related
Statements of  Consolidated  Operations  for the years ended  December 31, 1998,
1997 and 1996,  respectively,  restated to reflect the April 29, 1999 pooling of
interests with Argentina Gold Corp.
</LEGEND>
<MULTIPLIER>                                   1,000

<S>                                                    <C>                          <C>                          <C>
<PERIOD-TYPE>                                               12-MOS                       12-MOS                       12-MOS
<FISCAL-YEAR-END>                                      DEC-31-1998                  DEC-31-1997                  DEC-31-1996
<PERIOD-END>                                           DEC-31-1998                  DEC-31-1997                  DEC-31-1996
<CASH>                                                     147,519                      128,890                      110,754
<SECURITIES>                                               154,346                      141,221                      130,158
<RECEIVABLES>                                               45,929                       43,571                       53,548
<ALLOWANCES>                                                     0                            0                            0
<INVENTORY>                                                 78,906                      103,925                      139,015
<CURRENT-ASSETS>                                           454,597                      450,267                      459,309
<PP&E>                                                   2,525,793                    2,235,270                    2,295,299
<DEPRECIATION>                                          (1,423,054)                  (1,201,496)                  (1,005,088)
<TOTAL-ASSETS>                                           1,651,897                    1,627,144                    1,959,809
<CURRENT-LIABILITIES>                                      148,721                      130,171                      215,417
<BONDS>                                                    357,410                      374,593                      255,170
<PREFERRED-MANDATORY>                                            0                            0                            0
<PREFERRED>                                                      0                            0                            0
<COMMON>                                                   247,483                      228,743                      228,466
<OTHER-SE>                                                 491,713                      471,049                      814,942
<TOTAL-LIABILITY-AND-EQUITY>                             1,651,897                    1,627,144                    1,959,809
<SALES>                                                    803,134                      890,449                      952,434
<TOTAL-REVENUES>                                           797,890                      971,566                      998,793
<CGS>                                                      676,662  <F1>                790,420  <F1>                767,343  <F1>
<TOTAL-COSTS>                                              723,494  <F2>                839,875  <F2>                816,830  <F2>
<OTHER-EXPENSES>                                           297,194  <F3>                359,738  <F3>                 84,866  <F3>
<LOSS-PROVISION>                                                 0                            0                            0
<INTEREST-EXPENSE>                                          20,884                       20,756                       19,140
<INCOME-PRETAX>                                           (243,682)                    (248,803)                      77,957
<INCOME-TAX>                                               (13,087)                     (19,458)                      22,328
<INCOME-CONTINUING>                                              0                            0                            0
<DISCONTINUED>                                                   0                            0                            0
<EXTRAORDINARY>                                                  0                            0                            0
<CHANGES>                                                        0                            0                            0
<NET-INCOME>                                              (233,780)                    (233,354)                      42,361
<EPS-BASIC>                                                (1.01)                       (1.02)                        0.19
<EPS-DILUTED>                                                (1.01)                       (1.02)                        0.19

<FN>
<F1> Includes  Production  costs and  Depreciation,  depletion and  amortization
     from the Statement of Consolidated Operations.
<F2> Includes  Production  costs,  Depreciation,  depletion and amortization and
     Administrative  and general  expense  from the  Statement  of  Consolidated
     Operations.
<F3> Includes  Exploration  expense,  Write-downs  and  other  unusual  charges,
     Business  Combination  and  integration  costs and Other  expense  from the
     Statement of Consolidated Operations.


</FN>




</TABLE>