Paramount Ventures and Finance Inc

New bedrock exposures expand Wawa diamond play

Diamond exploration in Ontario has had several false starts since speculation about the origin of gems in glacial drift south of the Great Lakes led explorers to the province more than a century ago.L…


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…



Investment Commentary — Best bets for 2002, Part 2

The Northern Miner asked five market watchers of the junior mining and exploration sector to offer recommendations and opinions for the year ahead. In the previous issue, we heard from John Kaiser of …


CDNX bolstered by rate slash

Vancouver — Canada’s junior exchange rallied in light of another cut in U.S. interest rates. The resource indices led the way as the Canadian Venture Exchange composite index tacked on 31.44 points, …


Canabrava adds ground in Ontario (October 15, 2001)

Vancouver — Adding to its promising portfolio of diamond properties in Ontario, Canabrava Diamond (CNB-V) has inked a deal with Berland Resources (BNL-V) to pick up more claims in the Porcupine minin…


Wawa diamond hunt slow but steady

Fed by initial prospecting successes, the Wawa diamond hunt may have stirred some enthusiasm in its early days, but it now appears to be settling down to slower and more systematic exploration.The are…


Canabrava tests showing

Field geologists with Canabrava Diamond (CNB-V) have discovered the possible source of two diamond-bearing kimberlite boulders found earlier this year by Kennecott Canada Exploration on the Rocky Isla…


Western market loses ground

Vancouver — Canada’s junior exchange posted losses on all indices during the report period ended Aug. 14. The Canadian Venture Exchange composite index lost 17.65 points, or 0.6%, to close at 3,080.6…


Mining index leads rally for CDNX

Trading on Canada’s junior exchange perked up during the holiday-shortened week. The Canadian Venture Exchange composite index closed the period ended Aug. 7 at 3098.27, up 35.26 points (or 1.1%). The…


Vannessa bucks downward trend

Gripped by the summer doldrums, the Canadian Venture Exchange composite index dropped 31.58 points, or 1%, to finish the report period ended July 24 at 3,073.7. The mining index remained relatively un…


Kennecott expands Rocky Island JV

Results from regional and follow-up till sampling on the Rocky Island Lake joint venture in north-central Ontario have prompted Kennecott Canada Exploration to stake more than 400 sq. km of additional…


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