Placer Dome’s earnings down
First half 1988 earnings before other income of $76.3 million are reported by Placer Dome (TSE). The figure is 62% higher than in the same period last year, when earnings before other income were $47….
1988
Increased Production Boosts Earnings for Coeur d’Alene Mines
The strong financial results tallied up by Coeur d’Alene Mines (ME) during the second quarter of 1988 are primarily due to increased production of gold and silver from the Rochester mine, the Idaho-ba…
Agnico and Hecla comb new gold areas
Two well known and highly respected mining companies out to broaden their horizons — one American, one Canadian — are joining hands to form a new and well heeled international exploration company th…
Tantalum-Niobium
A Florida setting has been chosen for the International Symposium on Tantalum and Niobium to take place Nov 7-9 at Orlando. The emphasis at this year’s meeting will be on marketing, production, proces…
Metals, grains lead commodity index
Surging metal and grain prices in June helped the Bank of Nova Scotia’s all-commodity price index increase by 5.8% compared with May. Metals and minerals prices were up 5.4%, while agricultural prices…
Cominco Resources ups reserves at Chile gold mine project
With one gold mine project in Chile slated to begin production in early 1989, Cominco Resources International (TSE) appears to have the makings of yet another still in the wings. The international min…
Biron raises $9.5 million, Hecla plans Mooseland shaft
Work crews of Hecla Mining Co. of Canada are clearing the site of a new, 330-m shaft to be put down on Acadia Mineral Ventures’ Mooseland property in Nova Scotia. Located 45 miles northeast of Halifax…
New Mishi find for Granges, MacMillan
Granges Exploration (TSE) and joint venture partner MacMillan Energy (VSE) recently reported a newly discovered surface-exposed mineralized structure on their Mishi project which they say may suggest …
News in Brief (August 08, 1988)
Coeur D’Alene reports net income of $3.6 million(US) on revenue of $17.7 million during the second quarter of 1988 compared with $2.5 million on revenue of $9.9 million for the same period in 1987. Ne…
Obituaries Thomas J. McQuillan
Thomas J. McQuillan, one of British Columbia’s best known prospectors , died at White Rock, B.C. recently after a lengthy illness. He was 70. McQuillan was born in Nanaimo and, as a young man, worked …
Metal Prices FREE MARKET (August 08, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Aug.2 Aug. 1 July 29 July 28 July 27 Copper 1219-1221 1214-1216 1251-1253 1224-1226 1231-1233 Lead 346-3…
Metal Prices PRODUCER PRICES (August 08, 1988)
ALUMINUM: MW U.S. Market $1.24-$1.28 per lb. (July 28, 1988). ANTIMONY: New York dealer $0.99-$1.05 per lb. (July 21, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New …