Articles by Northern Miner Staff

South Kemess may be next porphyry elephant

The discovery and development of the Mt. Milligan porphyry copper-gold deposit generated an exploration rush for the next elephant in British Columbia’s Quesnel Trough, particularly since Placer Dome’…



Inco shuffles top executives

As part of several changes in the executive ranks at Inco (TSE), Donald Phillips will step down as president of the company and continue as chairman and chief executive officer. Michael Sopko, 52, wil…


Metal Prices Spot prices at a glance

Week’s Price (US) Change Gold* $363.75 – $ 3.30 Silver* $ 3.70 – $ 0.02 Platinum* $388.00 + $ 4.75 Nickel** $ 3.98 + $ 0.01 Lead** $ 0.27 0.00 Copper $ 1.13 + $ 0.03 Zinc* $ 0.54 0.00 Courtesy of Scot…




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 …



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