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…
Articles by Northern Miner Staff
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. …
Lead stands to benefit from supply setbacks
Lead had a good start but a poor finish in 1990. The record shows that from year- end 1989 to the end of 1990, lead was the worst performing metal in terms of London Metal Exchange (LME) prices. This …
U.S. Midwest, Appalachian districts attract Noranda
Until the Lynne discovery was announced last spring, Noranda’s (TSE) substantial exploration efforts in the Midwest and Appalachian districts of the U.S. were unfamiliar to most Canadians. But, as the…
Steel output down
World crude steel production in 1990, at 769.6 million tonnes, was 2% below the record high of 785.1 million tonnes posted in 1989, preliminary estimates of the International Iron and Steel Institute …
Global copper market can lend itself to surprises
Copper was the only major base metal that closed 1990 up in price over its 1989 year-end quote. It was only a penny or two but still impressive compared with other metals. For 1990 as a whole, however…