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…
News
Standard Trustco deal makes Roman Corp. holdings leaner
After deciding that it can’t be all things to all analysts, Toronto-based Roman Corp. (TSE) has emerged in 1988 as a much leaner holding company. In 1987, the company’s consolidated earnings before ex…
U.S. court decision on uranium benefits Canadian producers
The U.S. Supreme Court has ruled that the department of energy in that country is not required by law to restrict the enrichment of foreign uranium if such a restriction would not “assure the maintena…
Letters to the Editor Opposed amalgamations
Re: your article on Kiena, Sigma and Placer (N.M., June 20/88): After the Ontario Securities Commission denied our request for a hearing in the matter of the amalgamations of Placer Dome with Kiena an…
Placer Dome controls Craibbe-Fletcher Gold (June 27, 1988)
While no further work is contemplated at the present time on the Red Lake area gold property of Craibbe-Fletcher Gold Mines (COATS), at such time as access can be provided from the underground working…
Chelsea output second highest
Approximately 1,100 tons of ore grading 0.38 oz gold per ton was processed by Chelsea Resources (VSE) during May at its Spotted Horse mine near Lewistown, Mont. Fernando Nuflo- Moya, a company directo…
COATS Trading Features (June 27, 1988)
South American Goldfields was active this week, moving to 95 cents on volume of 66,500 shares. The company is active exploring for gold in South America. Transgold continued to show strength, remainin…
Editorial Exporti9ng gold to cut the U.S. trade deficit
A better-than-expected further decline in the United States trade deficit has brought euphoria into North America’s leading financial districts. The April figure of $9.89 billion compared to March’s $…
Vedron awaits results
Mid-summer results to be gathered from exploration work on the Fuller zone of the Vedron property at Timmins, Ont., should be sufficient to justify the start of production by the end of the year, Vedr…
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…
Tandem sees another busy year
With a number of ongoing projects, Tandem Resources (ME) will be quite active in exploration again this year, President Stanley G. Hawkins told shareholders attending the company’s annual meeting, exp…
Alberta Stock Exchange Baslen trades higher
It was a case of “as you were” in Alberta as most of last week’s most active issues traded ahead of the pack on slightly lower volumes. International Baslen led the way with a 34} increase in its shar…