Prices of metals affected by war
Outbreak of war in the Persian Gulf near the start of the year, pitting a global alliance of nations under the auspices of the United Nations against Iraq, made an already volatile market even more sk…
Articles by Northern Miner Staff
INSIDE Papua output
A major factor in the near- term growth of international gold producer Placer Dome is an interest in two large mines, Porgera and Misima, in Papua New Guinea. Total production at Porgera is expected t…
INSIDE Stormy days
Turbulence is forecast for the nickel market this year but for the rest of the decade, demand should help sustain a healthy price. It was in 1988 that the nickel price went wild, topping US$10 per lb….
SPECIAL – OUTLOOK 1991; Companies learn to cope withall of the
When mining executives look ahead to 1991 they do so having experienced one of the most tumultuous decades in recent history. Uncertainty is now a basic assumption. Increasing volatility — of commodi…
Global economy subject to winds of change
The past 12 months will figure prominently in history books. The momentous changes that have swept through Europe will alter the political face of the world as much as Saddam Hussein’s brazen invasion…
Stock performance keeps Barrick a front-runner
Staying ahead of the pack in a bear market isn’t an easy task, but Toronto-based gold producer American Barrick Resources (TSE) has been remarkably good at it. “Our stock performance has been better t…
INSIDE Top strategy
The Goldstrike gold project in Nevada is expected to keep American Barrick Resources in the black for a long time to come. A favorite of investors, the Toronto-based mining company has been the top-pe…
Mining industry addresses environmental concerns
The mining industry in Ontario continues to demonstrate its leadership in the area of environmental protection, the Ontario Mining Association (OMA) says. While providing the products demanded by soci…
Placer Dome interests extend to Papua New Guinea
Although Placer Dome (TSE) recently made two major North American acquisitions that promise to greatly increase its future gold production — the Mount Milligan property and a 45% interest in Stikine …
Tougher times ahead for metals markets
It wasn’t the best of years in 1990 for metals prices, but it wasn’t the worst, either. After the heady times of the late 1980s, precious and base metals began feeling the effects of a softening econo…
Pro-active approach attracts Placer Dome
Mineral exploration is a highly competitive business, yet the key to success may be to combine the knowledge of the competition with that of your own. If you avail yourself in some way of all the peop…
Platinum’s prospects tied to world economic activity
Platinum, which characteristically has the attributes of both a precious metal and an industrial metal, ended 1990 on a subdued note. In many ways, last year can be thought of as two distinct halves. …