The S&P/TSX Venture Composite Index spent much of the week in the red before closing down 4 points at 983.99. Markets were hit by declining commodity futures, while Statistics Canada reported that the nation’s gross domestic product…
VANCOUVER — A recent financing by Forum Uranium (FDC-V, FDCFF-O) has Agnico-Eagle Mines (AEM-T, AEM-N) stepping up to take roughly 9% of the junior explorer’s shares.
Drilling has begun at Yamba Lake, near Yellowknife, N.W.T., where
Encouraged by the microdiamond results from this past year’s drilling on the Sue kimberlite pipe at the Yamba Lake project in the Northwest Territories, SouthernEra Resources (SUF-T) will test about a…
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…
Vancouver — Canada’s junior exchange continued to slide into bear territory over the week ended Aug 20. The TSX Venture Exchange composite index lost 23.55 points, or 2.3% of its value, to close at 1…
The first hole drilled into the Sue kimberlite pipe in the Northwest Territories has yielded 95 diamonds for SouthernEra Resources (SUF-T).Sue is part of the Yamba Lake property, in which SouthernEra …
Diamonds were a respectable exploration target in Canada in the 1960s and 1970s when De Beers and several major companies launched highly secretive programs aimed at finding kimberlites similar to tho…
Abacus MineralsAber ResourcesAlberta EnergyAmerica Mineral FieldsAnatolia Minerals DevelopmentAnzex ResourcesArgosy MiningAshanti GoldfieldsAshton Mining of CanadaAsia MineralsAthlone Minera…
Toronto-based SouthernEra Resources (SUF-T) may have found the source of diamond-bearing kimberlite float boulders at the Back Lake project in the Northwest Territories.The company discovered a kimber…
The Vancouver Stock Exchange composite index closed at 435.48, up 5.63 points, or 1.3%, for the week ended April 20. The mining index climbed 9.77 points, or 3.23%, and closed at 312.51.Meanwhile, the…
Diamond drilling by SouthernEra Resources (SUF-T) is testing the probable source of diamond-bearing boulders found near the shoreline of Munn Lake at the Back Lake project in Canada’s Northwest Territ…
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