CDNX enters summer doldrums
Canada’s junior exchange emerged from the Dominion Day weekend in a sour mood. The Canadian Venture Exchange composite index dropped 32.61 points, or 1%, to finish the week ended July 3 at 3,198.32. T…
Canterra Minerals Corporation
Aylmer Lake find proves diamond-bearing
A narrow kimberlite dyke discovered during spring drilling on the Aylmer Lake West property in the Northwest Territories has yielded an encouraging number of microdiamonds.A 1.6-metre-thick interval o…
Shear cuts narrow dyke
Drilling by Shear Minerals (SRM-V) on the Aylmer Lake West property in the Northwest Territories has culminated in the intersection of a narrow kimberlite dyke.Three lake-based targets identified from…
Diamondex uncovers kimberlite at King
Diamondex Resources (DSP-V) is adding a third rig to its wholly owned King property in the Northwest Territories, where a $2.7-million program is testing a possible downdip extension of the Snap Lake …
Mining index flat as CDNX remains mired
Vancouver — The Canadian Venture Exchange finished the report period ended April 3 down 80.5 points, or 2.7%, at 2,908.21. The mining index followed suit, losing 72.9 points to close at 6,001.8, off …
Radius among few bright spots in gloomy week
Vancouver — The Canadian Venture Exchange finished the report period ended March 27 lower at 2,988.71, off 23.76 points, or 0.8%. The mining index lost 97.07 points, or 1.6%, to close at 6,074.70.Rad…
Mining index hurdles 6000 mark
Vancouver — Canada’s junior exchange continued to drift higher, propelled by a triple-digit gain in the mining index. The Canadian Venture Exchange composite index tacked on 81.9 points, or 2.6%, and…
Diamondex to begin program
An exploration program by Diamondex Resources (DSP-V) will focus on several properties in the Northwest Territories, though the company also plans to evaluate diamond projects elsewhere in Canada and …
Year is capped by Aber’s sale of Snap Lake to De Beers
Aber Diamond (ABZ-T) has agreed to sell its 32.24% interest in the promising Snap Lake project to South Africa’s De Beers Consolidated Mines (DBRSY-Q) for $173 million.The move came just days after Lo…
Analysts take shine to diversified juniors
At an in-house conference for the retail side of Yorkton Securities, mining analysts Douglas Leishman and Art Ettlinger highlighted seven diversified junior exploration companies that they regard as r…
Ekati’s success fuels Great Canadian Diamond Play
A variation of DeBeers’ marketing moniker “diamonds are forever” might well apply to the diamond exploration sector: for many investors, it seems that “diamond exploration is forever,” given the time …
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — VSE composite index gains momentum
William Hess, chairman of the Alberta Securities Commission, has been selected as the president and chief executive officer of the soon-to-be-launched Canadian Venture Exchange (CDNX). As part of a ma…