Articles by Northern Miner Staff



Indonesia coal

Indonesia is merging its two state-owned coal companies. The new outfit will be called PT Bukit Asam. In 1990, total coal production in the country, by state and private companies, was about 13 millio…


TORONTO STOCK EXCHANGE INDICES (February 25, 1991)

Feb 19 Feb 18 Feb 15 Feb 14 Feb 13 HIGH LOW Composite”300″ 3530.94 3532.54 3506.55 3492.25 3519.24 4009.47 3009.91 Metals & Minerals3220.08 3224.35 3177.95 3166.28 3203.39 3453.06 2502.63 Integrated M…


Results awaited from Gold Basin

Project operator Consolidated Rhodes Resources (VSE) has completed 12 reverse circulation drill holes on the Gold Basin gold property in Arizona. The company has an option to earn a 50% interest in th…


Bougainville mine may be reopened

Bougainville Copper, a unit of RTZ Corp (NYSE), reported a loss of A$19.8 million for the year ended Dec. 31, 1991, compared with a loss of A$30.1 in 1989. Operations at the company’s copper mine on B…


Sikaman sells Bogosu interest

In order to pay down short-term debt, Sikaman Gold Resources (TSE) has accepted an offer from Billiton B.V. to sell its 14% interest in the Bogosu gold project in Ghana. Billiton, which already holds …



New exploration grants announced

The northern Ontario communities of Atikokan, Manitouwadge and the Beardmore-Geraldton-Longlac-Nakina area have been designated for assistance under the Ontario Mineral Incentives Program (OMIP), prov…


METAL PRICES FREE MARKET (February 25, 1991)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 19 Feb 18 Feb 15 Feb 14 Feb 13 Copper 1285-1290 1262-1263 1240-1242 1224-1226 12…


GOLD FUNDS (February 25, 1991)

Gold funds as of Feb. 19 BGR Central Net Value $9.04 $5.09 Price $7.75 $4.600 Discount 14.27% 9.6% Value $53,817,306 $77,391,780…



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