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Tuesday, June 25, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: mining


Reverse Split Boosts Inland Price

Inland Resources Inc., founded in Spokane as Inland Gold & Silver Corp., has executed a 1-for-10 reverse stock split and announced a $10 million convertible preferred share placement. The company, …


16 Miners Killed In Mexico Plane Crash

A plane carrying a group of miners crashed Friday morning in a rugged mountain area of northwestern Mexico, killing 16 people and injuring three others, authorities said. The twin-turboprop De …


Public Hearing On Mine Plan

Bonner County residents will have a chance Thursday to comment on ASARCO’s proposed Rock Creek mine, a huge silver and copper mine to be located in Montana’s Cabinet Mountains. A …


Coalition Fears Asarco’s Cleanup Plans For Silver Mine Company Says Experimental Treatment System Will Be Safe

Environmentalists are rallying residents here to fight ASARCO’s Rock Creek silver mine, saying the operation will pollute Lake Pend Oreille. “The issue is water. Period,” said Diane Williams, a member …


Crown Resources Reports 1995 Loss

Denver-based Crown Resources Corp. Monday reported a loss in 1995, after showing a profit the previous year. During 1995, Crown lost $1.7 million, or 13 cents per share. That compares …


Bunker Hill Cleanup Extended For Week

The Bunker Hill Superfund cleanup at Kellogg is still in business, at least for another week. Like the rest of the Environmental Protection Agency, the toxic cleanup effort was due …


Stakes High In Mine Reopenings Partners In Venture Gamble That Silver Prices Will Continue Rising

Dick Osborne’s first trip to the warm, damp underground took place at the Silver Valley’s Galena silver mine. Dozens of years later, Osborne, now the head of metals giant Asarco …


Noranda Ordered To Clean Up Mine

A federal judge ruled Friday that operators of a proposed gold mine near Yellowstone National Park are violating the federal Clean Water Act by allowing acid drainage from old mines …


Feds Ok Mine Project Near Republic

Echo Bay Mines received approval late Friday to develop the Lamefoot gold deposit at its Kettle River mine near Republic, Wash. The federal Bureau of Land Management gave the final …


Celebrities Join Protest Of Park Mine

Thirty-seven celebrities joined the opposition to a proposed gold mine near Yellowstone National Park on Thursday as a United Nations group headed for a weekend tour of the site. Former …


Crown Jewel Moves Closer To Production

The comment period for the environmental impact statement for the proposed Crown Jewel gold mine in Chesaw, Wash., has ended and the companies involved said Wednesday that the mine could …


Pegasus Progresses On Projects

Spokane-based Pegasus Gold Inc. announced plans Thursday to expand its most promising gold mine, and reported progress in negotiations over pollution at its most controversial project. Pegasus will begin work …


Contrasting Facets Of Crown Jewel Company Pushes For Permit To Mine Gold; Environmentalists Fear Permanent Damage To Land

When mining investors look at Buckhorn Mountain in remote Okanogan County, they see 40 tons of gold worth a half billion dollars. When environmentalists look ahead 10 years, they see …


Gold Securities Leaves Mining Business Behind Spokane Company Merges With Recycled Clothing Firm

After 12 years as a mine exploration company, Spokane-based Gold Securities Corp. has dropped the pick ax for the recycled clothing business. Gold Securities officials Thursday announced the company’s merger …


Gold Mine Proposal Draws More Debate

The public will have more chances this summer to comment on the environmental impacts of a proposed gold mine in Okanogan County. Battle Mountain Gold Co. is proposing the Crown …


Regulator Registers Gold Reserve Stock

Spokane-based Gold Reserve Corp. said Friday that the Securities and Exchange Commission had approved the registration of shares to solidify the ownership of its major gold property. The SEC agreed …


Coeur D’Alene Mines Completes Echo Bay Deal

The Kensington gold mine project near Juneau, Alaska, Friday became a wholly owned and operated property of Coeur d’Alene Mines Corp. The Coeur d’Alene-based company completed a previously announced purchase …


Sunshine Gets Summit Property

An Osburn silver mine that has exhausted the exploration efforts of at least two mining companies changed hands again Monday. Boise-based Sunshine Precious Metals Inc. bought the Silver Summit Mine …


Would-Be Rescuers Lucky To Be Alive Another 5 Minutes And Mine Would Have Claimed 4 More Victims

FOR THE RECORD CORRECTION: The names of the victims who died in an abandoned mine Saturday are Stephen Novak, 28, Christopher Ost-Homstad, 22. Both names were misspelled Sunday, Monday, and …


Lack Of Air Kills 2 Men In Old Mine Pair Apparently Were Trying To Explore Abandoned Lake Pend Oreille Limestone Mine

FOR THE RECORD CORRECTION: The names of the victims who died in the abandoned mine Saturday are Stephen Novak, 28, Christopher Ost-Homstad, 22. Both names were misspelled Sunday, Monday, and …


Hecla Accelerates Mine Project Company Adding Two Drilling Crews At Important Gold Hunter Ore Body

Hecla Mining Co. will add a second drilling crew to its Gold Hunter project next week, then a third in September to speed up development of the promising silver ore …


The Collapse Of Gulf Gulf Goes For Broke With Our Money Taxpayers, Pensioners Left With Polluted Land, Escalating Bills

(From For the Record, Tuesday, June 6, 1995): A French exploration team helped recover sunken artifacts from the Titanic. Its role was incorrectly reported in Monday’s paper. 1. (Color) Stuck …


TVx Gold Drops Plan To Move Unit To Cda

Toronto-based TVX Gold Inc. has backed out of a plan to move its operations group here. The mining company signed a six-year lease in The Spokesman-Review building on Northwest Boulevard …


Kellogg Residents Plan Big Blowout Group Organizing Festivities Around Demolition Of Stacks

Days are numbered for the Bunker Hill smokestacks. Photo by Christopher Anderson/The Spokesman-Review


Cda Mines Boosts Stake In Gold Mine

Coeur d’Alene Mines Corp., primarily a silver producer for most of its history, boosted its gold production substantially Thursday when it bought out its development partner in a large Alaska …


Hot Water Heaters, Shower Stalls Stolen

Pintlar Corp. is missing 13 hot water heaters and four shower stalls. The items vanished from storage at the Bunker Hill Superfund site sometime after March 25. “How did someone …


River Tested For Traces Of Cyanide After Leak

Forest Service officials are waiting for the results from water testing to determine if there is any contamination from a leak at a cyanide solution holding pond near the Yankee …


Pegasus Gold Posts $1.8 Million Loss

Spokane-based Pegasus Gold Inc. lost $1.8 million, or 5 cents a share, in the first quarter. That compares with a loss of $1.7 million, or 5 cents a share, for …


Asset Sales Boost Earnings For Asarco

New York-based Asarco Inc. reported higher first quarter earnings Monday that were propelled by cash from asset sales and recovery of bad debt. The mining and mineral refining company earned …


Crown Resources Weighs Merger Offer Battle Mountain Gold Submits Bid Worth $5.25 Per Share

Denver-based Crown Resources Corp. was weighing a merger offer Tuesday from its partner in developing Crown Jewel Gold Mine near Chesaw, Wash. Late Monday, Houston-based Battle Mountain Gold Co. offered …