Articles by Northern Miner Staff

Smooth sailing at Freeport’s Grasberg

By expanding one of its concentrators, Freeport-McMoRan Copper & Gold (FCX-N) has achieved record throughput levels at the Grasberg copper-gold mine in Irian Jaya, Indonesia.The company, through 85%-o…


Inmet Mining returning to profitability

Restructuring has paid off in higher second-quarter earnings for troubled base metal miner Inmet Mining (IMN-T), which posted a profit of $25.2 million for the three months ended June 30.The company e…


FACTS ‘N’ FIGURES — The rise of gold swaps

The launch of the European Central Bank in July and the approach of European monetary union raise a number of interesting possibilities for gold in the official sector. At the same time, the lack of t…


Placer emergency team helps with cleanup in PNG

An emergency services team from Placer Dome’s 50%-owned Porgera gold mine will remain in the Aitape region on the northern coast of Papua New Guinea to aid victims of tidal waves that destroyed four v…





PRODUCER & DEALER PRICES (August 03, 1998)

Aluminium: LME settlements US$1,354.50, alloy US$1,252 per tonne (July 28/98).Antimony: Representative mid-market US$1,290 per tonne (July 28/98).Bismuth: Representative mid-market US$3.55 per lb. (Ju…




Meetings (August 03, 1998)

Aug. 4, BlackpoolAug. 4, GroundstarAug. 4, LevonAug. 5, Golden GateAug. 5, Int’l LarderAug. 5, PortmanAug. 5, Prospectors AllianceAug. 6, Golden SitkaAug. 7, LakotaAug. 7, Sand RiverAug. 10, EdenAug. …


Luscar bids for Canada’s largest coal miner

Luscar Coal Income Fund has launched a takeover bid for Manalta Coal Income Trust, owner of Manalta Coal, in a $550-million deal that would create North America’s sixth-largest producer.The takeover i…


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