News

Junior mining stocks appeared to be resurging over the trading period Jan. 4-11. The TSX Venture Exchange lost 15 points, or less than 1%, to close at 1772.53, largely owing to the weak gold price.

Vancouver — Tyler Resources (TYS-V) reports mixed initial results from the second phase of drilling on the Bahuerachi copper project in Mexico’s Chihuahua state.

Vancouver — Lake Shore Gold (LSG-V) has acquired all the shares of Holmer Gold Mines (HGM-V) through a merger.

Stornoway Diamond (SWY-T), BHP Billiton Diamonds (BHP-N) and Hunter Exploration Group have discovered diamonds in all five of the kimberlites they sampled in 2004. The pipes are on the Aviat property in Nunavu…

Vancouver — The Eritrean government is seeking further meetings with foreign companies exploring for minerals in the East African country. The move comes four months after its surprising and unexplained ban on all exploration within its borders.

Tri Origin Exploration (TOE-V) has outlined gold geochemical anomalies at its Red Lake Extension property, 10 km southeast of the Red Lake mine in northern Ontario.

The Luscar Energy Partnership, which consists of equal partners Sherritt International (S-T) and the Ontario Teachers Pension Plan Board, intends to double the capacity of the Coal Valley mine, 100 km south of Edson, Alta.

Having formally filed its takeover bid with regulators in Canada and the U.S., Glamis Gold (GLG-T) is mailing its offering circular to shareholders of Goldcorp (G-T).