Metalex in Greenland
Vancouver — Diamond exploration partners
Cantex Mine Development Corp
Explorers endure profit-taking
Continued strong metal prices appear to have prompted some junior exploration company shareholders to take profits by selling portions of their positions. The S&P-TSX Venture Composite Index slid…
Metalex-Cantex hunting down Greenland diamonds
Vancouver – Diamond exploration partners Metalex Ventures (MTX-V) and Cantex Mine Development (CD-V) are very excit…
Nevada mine sites, past and present, attract bulk of exploration
Vancouver — Exploration spending in the U.S. has been in sharp decline for most of the past decade, falling 66% to below US$150 million in 2002 from 1997 levels, with a 77% drop in new claims over the same period. Weak metal prices and relentless…
Tensions drive safe-haven investments
Vancouver — Terrorist retaliation fears against the U.S. over Israel’s shocking assassination of Hamas’s spiritual leader, Sheikh Ahmed Yassin, helped fuel bond and bullion prices over the week ended March 23. The TSX Venture Exchange S&P composi…
Western markets slump into spring
Vancouver — Canada’s junior exchange lost some ground over the report period ended Jan. 16. Poor U.S. job numbers helped boost gold over the US$400-per-oz. mark but failed to spur a stock rally. The …
Junior exchange follows gold trend (January 26, 2004)
Vancouver — Canada’s junior exchange managed to recover after a dip in the gold price late in the week ended Jan. 16 dragged the market down. The S&P-TSX Venture Exchange composite index lost 0.12 of…
Bullion pushes venture exchange higher
Vancouver — Canada’s junior exchange was buoyed by the strength of bullion during the week ended Sept. 23. The S&P-TSX Venture Exchange composite index tacked on 21.1 points, or 1.54% of value, to cl…
CDNX posts gains in active week
Vancouver — Canada’s junior exchange entered the Christmas season on a bullish note, posting gains on all indices during the week ended Dec. 4. The Canadian Venture Exchange composite index added 15….
Greenland drilling uncovers kimberlite dyke
Joint-venture partners Citation Resources (CUE-V), Cantex Mine Development (CD-V) and BHP Billiton (BHP-N) wrapped up a field season in western Greenland by testing seven targets with 1,000 met…
Bulls beat bears on CDNX
Vancouver — Canada’s junior exchange posted modest gains on all indices amid a high volume of trading. The Canadian Venture Exchange composite index closed the week ended Oct. 2 up 58.26 points, or 2…
Decline in oil and gas pulls down CDNX
Vancouver — Canada’s junior exchange lost ground over the week ended Aug. 28. Oil-and-gas-related issues led the way with a 3.7% plunge in the sector. The Canadian Venture Exchange composite index fe…