ECHO BAY MINES
For 9-month period ended Sept 30, 1988. In millions of U.S. dollars, except per-share figures. 1988 1987 Assets $790.1 $534.4 Long-term debt $155.5 $77.2 Revenue $191.6 $155.9 Earnings …
News
Metal Prices (January 30, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 24 Jan 23 Jan 20 Jan 19 Jan 18 Copper …
Bema Gold plans full scale production at Champagne mine
Assuming receipt of all necessary permits, the Champagne heap leach mine near Arco, Idaho, is officially scheduled to begin life as a year-round gold and silver producer in June, 1989. Bema Gold Corp….
Slow growth forecast for iron ore, steel
It hasn’t been the easiest of times for the iron ore and steel industries, despite steel being what Roskill Information Services of London calls the basic raw material of industrial society. The miner…
First gold for Cheni
The first gold has been poured from the Lawyers gold-silver mine owned by Cheni Gold Mines (TSE). Located in British Columbia, the Lawyers mine is expected to produce 40,000 oz of gold and one million…
Teeshin stake in Redstone
Teeshin Resources (VSE) has signed a letter of intent with Timmins Nickel, a private company, giving it the right to buy 3.5% of Timmins’ interest in the Redstone nickel deposit. Located near Timmins,…
COATS Trading Features (January 30, 1989)
Chance Mining was active again this week, trading 127,000 shares in the 59 cents -76 cents range. The company retains a 10% net profits interest in property owned by Falconbridge Ltd nearby the Timmi…
Antelope/Bryndon Rossland properties
A drill indicated mineral inventory has been calculated for three separate zones of gold mineralization found on the Rossland project in southeastern British Columbia, a 50/50 joint venture involving …
PRODUCER PRICES Metal Prices (January 30, 1989)
ALUMINUM: MW U.S. Market $1.06-$1.09 per lb. (Jan 19, 1989). ANTIMONY: New York dealer $1.00 cents -$1.03 per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.65-$6.75 per lb. (Jan 5, 1989). CADMIUM: N…
Frederick A (Ted) Fell
Frederick A. (Ted) Fell, the original mine manager at Dickenson Mines’ gold mine at Red Lake, Ont., died in Toronto Jan 23. He was 82. Fell supervised the shaft sinking in 1946-47 at what is now calle…
Judgment reserved in Scintilore suit
Judgment was reserved recently by a Supreme Court of Ontario judge in a motion seeking to dismiss an ownership claim by Scintilore Explorations (TSE) to the David Bell gold mine at Hemlo in northern O…
INCO LIMITED
For 9-month period ended Sept 30, 1988. In millions of U.S. dollars, except per-share figures. 1988 1987 Assets $3,631 $2,994 Long-term debt $1,250 $8…