Venture market resumes upward trend
Renewed gains in metal prices caused the junior-resource-dominated TSX Venture Composite Index to bounce back from recent declines, moving up 4.1% or 99.37 points to close the Feb. 14-20 trading sessi…
GGL Resources Corp
GGL Diamond drills Big Hole (August 02, 2004)
Shares in
GGL Diamond drills Big Hole (July 21, 2004)
Shares in GGL Diamond (GGL-V) dove 4, or about 12%, to 30 in early afternoon trading in Vancouver on July 21, aft…
Lac de Gras work fails to find source
Drilling on a property held by Geodex Minerals (GXM-V) in the Lac de Gras region of the Northwest Territories has determined that a prominent circular magnetic feature was not caused by a kimberlite i…
Diamonds, gold add glitter to junior exchange
Vancouver — Canada’s junior exchange rallied during the week ended May 6. The S&P-TSX Venture Exchange composite index tacked on 25.05 points, or 2.4% of its value, to close at 1,055.74.Shares of Spi…
Junior exchange continues bearish trend (March 10, 2003)
Vancouver — Canada’s junior exchange followed the major bourses lower over the week ended March 4, despite some strong interest in buying select explorers. The S&P-TSX Venture Exchange composite inde…
Seahorse douses GGL’s hopes
The discovery of multiple kimberlites by GGL Diamond (GGL-V) on its Seahorse property in the Lac de Gras area of the Northwest Territories has proved barren of diamonds.A cluster of three irregular in…
Summer work in NWT yields new crop of kimberlites
More than a decade after diamonds were first found in Canada’s Far North, new discoveries of kimberlite continue to be reported in the Northwest Territories and Nunavut.An autumn drilling program on t…
Venture exchange bucks downward trend
Vancouver — Despite the major bourses being spooked by profit warnings, Canada’s junior exchange managed to scrape together a few points to buck the trend over the week ended Sept. 17. The TSX Ventur…
De Beers sees Canada as top priority
De Beers has allocated more than half its 2002 global exploration budget to The Great White North, and that, when combined with planned expenditures on the Snap Lake and Victor diamond projects, means…
FPO Production from Snap Lake project delayed until 2006
A depressed rough diamond market has given De Beers cause to push back production from the Snap Lake underground diamond project in Canada’s Far North until 2006, more than a year longer than was orig…
CDNX slides in wake of terrorist attacks
Vancouver — Canada’s junior exchange continued its downward slump over the week ended Sept. 18. The Canadian Venture Exchange composite index plunged 101.34 points, or 3.45%, to finish the week at 2,…