2005

The Toronto Stock Exchange gained 112.07 points, or 1.2%, to end the Jan. 12-18 report period at 9,134.77. The diversified miners helped lead the way with a 9.11-point rise to 261.01, but it was the real estate sector, with a late surge, that stol…

Vancouver — Drill results from the Spanish Mountain property in British Columbia’s Cariboo district indicate the presence of stratiform gold combined with structurally controlled high-grade gold.

A feasibility study at Tiberon Minerals‘ (TBR-T) Nui Phao project in Vietnam points to a 16.6% internal rate of return.

Constellation Copper (CCU-T) has intersected an average of 129 metres grading 0.34% copper and 5.85% zinc in three holes at its Terrazas property, 40 km north of Chihuahua, Mexico.

Drill holes at the Mt. Kakoulima nickel project in Guinea, where FNX Mining (FNX-T) is earning a 100% interest from Afcan Mining (AFK-T), have intersected disseminated sulphides and favourable host rocks for a…

Glamis Gold (GLG-T) will solicit proxies from shareholders of takeover target Goldcorp (g-t) in the hope of stopping Goldcorp’s planned takeover of Wheaton River Minerals (WRM-T).

A fire at Suncor Energy‘s (SU-T) oil sands operation in northern Alberta forced the evacuation of about 250 people in early January. No injuries were reported.

Vantex Resources (VTX-V) has cut visible gold in three of five holes drilled on its 38-sq.-km Guillet property, 5 km east of Belleterre in the Temiscamingue area of Quebec.

U.K.-based Gold Fields Minerals Services says that, despite a slow start, investors are expected to lead the charge to an average gold price of US$477 per oz. during the first half of 2005.