Fort la Corne play takes shape
Saskatchewan is the Rodney Dangerfield of diamond plays: it gets no respect.After a decade of lethargic exploration and mundane results, which were eclipsed by the more exciting discoveries in the Lac…
Kensington Resources Ltd
CDNX moves into spring on bullish note
Vancouver — Canada’s junior exchange continued to gain momentum over the holiday-shortened report period ended April 2. The Standard & Poor’s-CDNX composite index jumped 20.65 points, or 1.7%, to clo…
CDNX moves moderately higher
Vancouver — Canada’s junior exchange managed to post a modest gain over the week ended March 26. The Standard & Poor’s-CDNX composite index added 6.47 points, or 0.5%, to close at 1164.77.After more …
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…
CDNX endures ho-hum week
CANADIAN VENTURE EXCHANGEVancouver — The CDNX closed the week ended March 19 little changed from the previous report period. The Standard & Poor’s-CDNX composite index finished at 1158.30, or 0.75 of…
CDNX shows bullish momentum
Vancouver — Canada’s junior exchange continued to move into positive territory as juniors and majors alike schmoozed at this year’s PDAC convention in Toronto. The Standard & Poor’s-CDNX composite in…
Tax-loss selling hampers CDNX
Vancouver — Falling victim to tax-loss selling, Canada’s junior exchange lost ground on heavy volume. The S&P-CDNX composite index closed the week ended Dec. 18 down 21.8 points, or 2.2%, and closed …
CDNX loses ground on new S&P index
Vancouver — The Canadian Venture Exchange launched a new composite index during the week ended Dec. 11. Based on market capitalization, the Standard & Poor’s-CDNX Composite Index is meant to provide …
Mining index increases momentum
Vancouver — The report period ended Nov. 20 saw the third consecutive 3-digit gain for the mining sector. Nothwithstanding a poor performance by the oil and gas sector, the Canadian Venture Exchange …
Hunters busy at Fort la Corne
Vancouver — Three large-diameter (24-inch) reverse circulation drill holes have been completed to date on the kimberlite body dubbed 141 at the Fort la Corne joint-venture diamond project in northe…
Junior market weaker, but some bright spots
The Canadian Venture Exchange composite index slipped 38.3 points, or 1.2%, to finish the report period ended July 17 at 3,105.28 points. The mining index was off 81.93 points, or 1.1%, at 7,373.91.Wi…
Snap Lake underground mine takes shape under De Beers
Snap lake, N.W.T. — The Canadian North comprises a vast region of lakes, rivers, Arctic tundra and, more recently, diamonds. With one mine already established and three others scheduled to come on-st…