New Discoveries Bid Fair to Make Coeur d'Alene Mines Important
The 1922 outlook for Coeur d'Alene mining is brighter as lead remains strongest among base metals. Domestic and world lead production trends, tariff protections, and foreign influences shape a cautious, upward market. Eastern investors visit districts seeking worthwhile investments while operators push dormant mines toward expansion.
MENTIONED IN THIS ARTICLE
Coeur d'Alene
European Exchange
St. Louis
Silesia
Germany
Poland
United States
Coeur Marines
Star Mining stockholders receive quarter million dividend
Stockholders in the Star Mining company received dividend checks totaling 250000 this week at a rate of 25 cents per share on 1000000 shares. The payout follows a 350000 settlement from Federal Mining and Smelting for ore removal. Development of the Star property advances from a crosscut tunnel toward the Star vein from the Hecla mine at about 300 feet monthly with three shifts six days weekly.
MENTIONED IN THIS ARTICLE
Star Mining Company
Star
Federal Mining & Smelting Company
Bunker Hill & Sullivan Company
Hecla Mining Company
Star Company
W. C. Wakefield
Austin Corbin
Charles Hussey
Charles K. Wonder
J. G. Cunningham
Hecla
Star Vein
Keefer Group on Eagle Creek to be Developed
Nine claims on Eagle Creek near Waite Station, led by T H Keefer, with Pittsburg financiers represented by C M Wray, plan immediate development. A crosscut near the vein at 140 feet aims to reach productive ore within 30 to 40 more feet, with hand work now and compressor equipment planned for spring. The formation mirrors the Gold Back vein and shows carbonate ore with silver and traces of gold. State Mine Inspector Campbell notes mining is reviving as costs and prices improve and larger producers may resume operations.
MENTIONED IN THIS ARTICLE
Eagle Creek
T. H. Keefer
Red Monarch
Waite Station
Waite Station. Mr. Keefer Was In the City Last Week, Accompanied By C. M. Wray
Pittsburg
Keefer
Wray
Pendleton
Boise
Murray
Stewart Campbell
The Promise of a Year of Achievement for the Coeur d'Alenes
Edwin Selgin in the Business Chronicle of the Pacific Northwest envisions 1922 as a year of achievement. He links a new seven year cycle to hopeful social and economic recovery, urging personal effort and practical action to ensure progress and prosperity. The piece frames 1922 as starting under favorable conditions and advocates a pragmatic, determined approach.
MENTIONED IN THIS ARTICLE
Business Chronicle of the
Pacific Northwest
Edwin Selgin
New Caledonia Cuts Main Vein in Wardner District
The New Caledonia Consolidated Company reports the drift on the main vein progressing satisfactorily after a 750 to 760 foot crosscut, with silver and lead values seen along the footwall. Management cites strong, well defined vein and expanded equipment and holdings as the company approaches a potentially epochal mining period amid rising interest in silver and lead properties.
MENTIONED IN THIS ARTICLE
New Caledonia Consolidated Company
Wardner
Caledonia
Stewart
Jim Blaine Pine Creek Property Shows Promising Mineralization
The Jim Blaine Silver Syndicate property in the Pine Creek district reports the lower crosscut tunnel advanced 275 feet under manager Harry Morrell. Heavy water and slow progress due to timbering, but the mineralized face carries lead values with good potential. A drift will follow the best showing as machinery and machine drills are set to accelerate work on the consolidated 27 claims near Lookout Mountain.
MENTIONED IN THIS ARTICLE
Pine Creek
Jim Blaine Silver Syndicate
Harry Morrell
Jim Blaine Holdings
Jim Tanne ‘Group
Bristol Maims
Chespeake
Lookout Mountain
Rae-Wallace stockholders meet in special session
Stockholders of the Rae-Wallace Mining company are called to meet February 4 at 7 oclock to consider increasing capital stock and other business. The firm owns gold claims in Willow Creek district Alaska. A milling plant was completed last fall and ore treatment planned. Allan G Kennedy is secretary of the corporation.
MENTIONED IN THIS ARTICLE
Rae-Wallace Mining Company
Willow Creek
Alaska
Allan G. Kennedy
Lookout Mountain to Develop Tonnage on Ore Rise
Lookout Mountain property on Jing creek reports 4 to 6 foot ore shoots in both oxide and sulphide forms at 300-foot level. Drifts 200 feet, three high grade shoots, galena-rich. Plans tramway to Bunker Hill smelter, ore bins near Beeler schoolhouse, trucks to haul eight miles. Development aims 600-foot vertical depth and 1100-foot tunnel beneath upper workings. Directors, Kellogg men led by R. L. Brainard, finance via ore shipments.
MENTIONED IN THIS ARTICLE
Lookout Mountain
Jing Creek
FB. O. Merriam
Coeur d Alenes
Galena
Bunker Hill
Beeler
No. 1
Lookout Company
Beeler Schoolhouse
Treasury
Corporation
Kellogg
R. L. Brainard
William Roro
W. L. Penny
W. E. Waltman
Frank Roro
Little North Fork District May Secure Rail Transportation
Forestry officials and mill operators study the Hayden Lake Honeysuckle route to bring a railroad into the headwaters of the Little North Fork. Vast virgin white pine resources and several developed properties near the proposed line fuel hope for rail haulage. No serious engineering issues are indicated, and the plan will receive serious attention in the coming months.
MENTIONED IN THIS ARTICLE
Little North Fork
Hayden Lake
Honeysuckle
Coeur d'Atenes
Hilarity group development resumes at Pine Creek mining
Development work on the Pine Creek Mining and Milling property will resume after discoveries in the Hilarity group. Reports to stockholders detail progress from June to November 1921 with iron carbonate outcrops, galena, and silver values. Assessed at one and a half mills to fund continued footwall drift expansion and crosscuts every 100 feet, with Merriam consulting in the district.
MENTIONED IN THIS ARTICLE
Pine Creek Mining and Milling Company
Hilarity Group
C. 8. Stone
H.W. Ingalls
You Mine
Hilarity
Saleh
Gunnel Inn
Wouth
Hecla Bunker Hill Purchase Case Heads to Stockholder Meeting
The Spokane superior court heard motions in the Hecla Mining versus Monker Hill case over the Star mine sale to Bunker Hill. Judge Huneke signaled readiness to permit a stockholders meeting to ratify the Star agreement, while plaintiffs push for a merits ruling first, with trial to follow. The proceedings include arguments by W H Plummer for Day and Mrs Smith, and calls for stockholders Murphy Radovich Hutton to be added as plaintiffs in the suit.
MENTIONED IN THIS ARTICLE
FTER
W. H. Phunmer
Eugene Kt. Day
Sarah BE. Smith
Ncon
Heola Mining Company
Monker Hill & Sullivan Mining & Concentrating Company
Huneke
Spokane County
The
Heck
Lunker Hill
Washington
Turner
Mlummer
Ite Merita
Supreme Court
Thecla
Bunker Hill
Star
Mr. Plummer
John C. Higgins
Also Mentioned on This Page
Keefer Group
Jim Hiniie
Spokane
Coeur d’Alenes
New Caledonia
Jim Blaine
Rae-Wallace
Hill Smelter
Ingalls
East Drift
C.F. O. Merriam
Day-Smith