News


Toronto Stock Exchange (June 27, 1988)

A rush by investors to catch a piece of the summer rally added another 27.02 pts to the composite index today, pushing it to a new post-October 19th high. For the week, the index has gained more than …


EDITORIAL Ontario has to move on its Mining Act

Anyone involved in mining in Ontario may owe Charles Stuart a vote of thanks. Stuart is the man who has re-staked the mining claims at Hemlo, Ont., on which the Golden Giant gold mines is built. Stu…


Tundra completes reserve calculation

A reserve calculation has been completed by Tundra Gold Mines (VSE) for a portion of the Lamaque exploration lands near Val d’Or, Que. The property is shared equally between Teck Corp (TSE) and Tundra…



Montreal Exchange Gold loan for junior

One of the various means of raising money for exploration and development that seems to be growing in popularity is the gold loan. Recent news out of Quebec is that a junior, Nova-Cogesco Resources, h…



Alberta Stock Exchange Dispute lifts Baslen

A controversial ownership dispute over a group of mining claims in the Hemlo, Ont., gold belt has made International Baslen one of the hottest issues in Alberta during recent trading sessions. The fac…


Stewart Lake aims at special graphite market

Graphite may not be as easily marketed as gold, but Stewart Lake Resources (TSE) is confident it will have no trouble selling the product from its graphite deposit near Kingston, Ont., at a price that…


Federal geologist

A story in last week’s edition (N.M., June 13/88) on exploration activity in the east Arctic should have identified Jacobus (Ko) Griep as the geologist for the Keewatin district in the Northwest Terri…


Grab Samples Column

Unconfirmed street talk is that the claims protecting Hemlo Gold’s Golden Giant mine at Hemlo, Ont., are being restaked by a junior mining company. At presstime, the Thunder Bay, Ont., mining recorder…


Gold production up, Cambior boosts profit

Gold production by Cambior Inc. (ME) has increased to 42,986 oz in the first quarter of this year from 30,439 oz produced during the same period last year. The big improvement was reflected in the com…


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