Denison’s new captain keeps to father’s course
After 35 years at the helm of Toronto-based Denison Mines, Stephen B. Roman died recently leaving his huge energy-resource empire in the hands of his daughter, Helen Roman-Barber, an unproven quantity…
News
Nova-Cogesco earns interest in Urbana bet
Three intersections grading more than 0.1 oz gold per ton over 5 ft have been reported by Nova-Cogesco Resources and Urbana Corp. from drilling at the latter’s Urban Twp. project near Lebel-sur-Quevil…
Editorial The pressure of prosperity
Labor negotiations at Inco’s Sudbury operations will be closely watched this year. Quid pro quo may well be the union’s rallying cry. The workers helped out the company when times were tough, they mig…
Alberta Stock Exchange Baslen high rader
An option to explore a 78-claim gold property in Val d’Or, Que., made a former oil producer called International Baslen Enterprises the the big trader this week. With 623,000 shares changing hands, th…
Placer Dome and Lucero in Brazil
An agreement between Placer Dome and Lucero Resource Corp. will provide funds for acquisition of a gold property in Brazil. The agreement calls for Placer Dome to spend $120,000(US) by the end of 1988…
Conference to focus on nickel, moly, cobalt
A 3-day conference dealing with the nickel, molybdenum and cobalt industries is being organized by Metals Week for Tuscon, Ariz., Oct 26-28. In addition to the usual presentation of papers and speaker…
Equity and CSA reschedule meeting
Combatants Equity Preservation Corp. and CSA Management Ltd. have agreed to reschedule the annual meeting of Equity from March 30 to April 13. The adjournment provides both parties with time to discus…
$200m. uranium mine planned
Negotiations are in progress to form an international consortium charged with the task of building a $200-million uranium mine in Canada’s Arctic. Headed by Urangesellschaft Canada Ltd., (UG), an affi…
Severide, Pure Gold
Encouraging gold values are being intersected by partners Severide Resources and Pure Gold Resources from a mineralized zone ranging up to 330 ft in width. The property is near Fort Hope, Ont. Drillin…
Nexus gets option in Hemlo gold bet
Vancouver- based Nexus Resource Corp. has signed a joint venture option agreement with Carlson Mines and Black Gregor Explorations to earn a 50% interest in the latter’s Marathon gold claims in the He…
Silverside, partners hike Garrison reserves
Related companies Silverside Resources and Proteus Resources report the recent completion of a drilling program on the 106-claim Garrison gold property in Garrison and Thackeray twps., in northern Ont…
Nickel price at record levels
Tight supplies continue to keep the price of nickel high, although some weakening in the spot price was experienced recently after the base metal set a record $10.84(US) per lb on the London Metal Exc…