Golden Eagle International, Inc. operates in the minerals industry in Bolivia, South America. The company acquires and develops gold and other mineral properties, mines gold bearing ore, and produces gold for market. As of June 30, 2004, Golden Eagle focused on two properties in Bolivia, the combined Cangalli and Tipuani Valley gold properties in western Bolivia, and the Precambrian Shield area in eastern Bolivia. The company also estimates copper reserves in its Buen Futuro property in the Precambrian Shield area. As of September 8, 2004, Golden Eagle had gold reserves of 97,500 troy ounces and copper reserves of 82,000,000 lbs. The company was formed in 1988 as Beneficial Capital Financial Services Corp. and changed its name to Golden Eagle International, Inc. in 1995. Golden Eagle is headquartered in Salt Lake City, Utah.