Silver increase by Coeur d’Alene
A 20% increase in silver production is expected by Coeur d’Alene Mines in 1988, according to Dennis Wheeler, president and chief executive officer. Over-all production for the year is expected to be s…
News
Toronto Stock Exchange Gold bullion’s rise fails to spark trading
Bullion registered a strong $9 gain this week to $444.80 (US) on London’s second fix today. Gold reacted to a sell-off of U.S. dollars and renewed hostilities between Iran and Iraq in the Persian Gulf…
Letters to the Editor Bad deal for minority shareholder
I would like to bring to your attention a most unjust situation which I recently encountered as a small investor, confronted with a forced share sale. A large foreign company, Western Mining Corp. Hol…
Metal Prices FREEMARKET (July 25, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date July 19 July 18 July 15 July 14 July 13 Copper 1288-1290 1248-1249 1303-1304 1303-1305 12…
Editorial Platinum coin a spur to exploration
On the face of it, the Royal Canadian Mint’s recent decision to add platinum Maple Leaf and silver Maple Leaf coins to its already highly-successful Maple Leaf investment-vehicle gold coins, seems fai…
Underground program for Tully project Frankfield-Intex
A follow-up development program, expected to cost upwards of $3 million, is getting under way at the Tully Twp. gold property of Frankfield Explorations (ASE) (36.4%) and Intex Mining (ASE) (63.6%) in…
Metal Prices FUTURES PRICES (July 25, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul 100.00 96.80 99.90 + 3.65 Aug 96.50 96.50 99…
Lead supply adequate to meet demand
While demand for lead has been steady of late, there appears to be an adequate supply to meet that demand, writes Metals Economics Group of Halifax, N.S., in a recent report on the base metal which is…
Stratmin establishes graphite reserves
Reserves of graphitic material at its Mont Laurier, Que., deposit are estimated to be 23.7 million tonnes, Stratmin Inc. (ME) reports. Results to date from ongoing drilling and from a 44-tonne bulk sa…
Echo Bay executives appointed to board of McNellen Resources
With a $50- million investment in the Muscocho Group of companies including McNellen Resources (VSE), Echo Bay Mines (TSE) is set to play a much larger role in Eastern Canada’s gold mining industry. U…
BOOKS (July 25, 1988)
Mining 1988 Financial Times International Year Book. Editor, Helen Wilcock. Published by Lingman Group UIK Ltd., Westgate House, The High, Harlow, Essex CM20 1NE, UK. Price $105(C). Distributed in Can…
Books in Review (July 25, 1988)
SILVER ISLET — Striking It Rich In Lake Superior by Elinor Barr. A Natural Heritage publication, first of its planned Canadian Shield series. 160 pages with excellent archival photographs and memorab…