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
Teck bottom line reflects opportunities of the ’80’s
The turbulent economic times of the 1980s may have undermined the constitution of some Canadian major mining companies, but this wasn’t the case for Teck (TSE) which instead experienced a pivotal deca…
Growing gold supply a serius concern for investors
Where is gold going? How do you weigh the factors in your forecast? Before trying to forecast future events, it is often beneficial to look at the past. In the 1980s, gold demonstrated its volatile na…
Low silver price could act to restrain supply growth
It was not a banner year for silver in 1990. The price of the precious metal fell to 14-year lows late in the year on weakened investor and industrial demand. It may now be silver has nowhere to go bu…
Recent strength may work to zinc’s disadvantage
Like producers of most base metals, zinc producers have enjoyed three years of strong markets and exceptionally high prices. Based on past experience, however, recent high prices may turn out to have …
HudBay adds Namew nickel to its metals inventory
Hudson Bay Mining & Smelting (TSE), the wholly owned subsidiary of New York-based Inspiration Resources (NYSE), is well known as Canada’s fourth largest producer of copper and zinc. In 1989, HudBay’s …
Sphinx lists for trading on VSE
Quebec-based junior Societe Miniere Sphinx (ME) was recently listed for trading on the Vancouver Stock Exchange (symbol SYX.A). The company, with about 17.9 million shares outstanding, records interes…
INSIDE Noranda bets
Ever on the lookout for new discoveries, the mineral exploration division of Canadian resources giant Noranda has taken on more than 20 grassroots projects in the United States across the northern Mid…
INSIDE Gold trends
Trends covering gold’s basic supply and demand appear to be positive for the metal’s price in the longer term. The boom in the yellow metal in the 1980s, marked by increases in reserves and production…
Demand should help sustain nickel
Caught between the opposing forces of slowing demand and tight supply conditions, this year’s nickel markets are likely to be turbulent. But, after spending the past decade eliminating excess capacity…
INSIDE Manitoba miner
A significant Canadian producer of copper and zinc, Hudson Bay Mining and Smelting has added nickel to its metals inventory. The Manitoba miner, which also produces precious metals in byproduct form, …
U.S. REPORT Metall interests extend around globe
To call Metall Mining (TSE) a North American copper producer would be correct but only a part of the corporate story. The growing Toronto-based mining company, controlled by Metallgesellschaft AG of G…