News

Calcium producer stocks equal to one-year demand

Producer stocks of calcium metal in 1987 were apparently equal to one year’s world demand or just under 2,000 tonnes, according to Roskill Information Services, a U.K.-based company specializing in mi…


Golden Star and Giant to explore Guyana bets

Joint venture partners Giant Resources of Australia and Edmonton-based Golden Star Resources say they will spend $2 million to continue exploration on three Guyana gold properties. Previous exploratio…


Cliff acquisitions in Arizona area

Cliff Resources has made two property acquisitions covering 14,000 acres near Yuma, Ariz. The ground is on the Mesquite-Picacho trend, a gold mining area producing more than 175,000 oz of gold per yea…



Kerr Addison completes gold study

A preliminary engineering study has been completed for the Harrison Lake gold project 60 miles east of Vancouver. The report was commissioned by Kerr Addison Mines, project operator, which holds a 25%…


Newmont’s best Carlin hit

The fabled Carlin trend in Nevada, which hosts the largest gold reserves outside of South Africa, just keeps getting better. Drilling by Newmont Gold on the Post deposit has intersected 520 ft grading…





Golden Princess in California bet

Golden Princess Mining has agreed to acquire a 55% interest in the Gold Cliff property near Angels Camp, Calif., about 80 miles from San Francisco. According to the company, “the economics of the prop…



Zahavy begins $3 m program

A $3-million underground exploration program has begun on the Favourable Lake, Ont., gold property controlled by Zahavy Mines. Zahavy is an affiliate of Noramco Mining Corp. The program will focus on …


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