Kinematic dynamo theory is presented here for turbulent conductive fluids.
We describe how inhomogeneous magnetic fluctuations are generated below the
viscous scale of turbulence where the spatial smoothness of the velocity p
ermits a systematic analysis of the Lagrangian path dynamics. We find analy
tically the moments and multipoint correlation functions of the magnetic fi
eld at small yet finite magnetic diffusivity. We show that the fil:ld is co
ncentrated in long narrow strips and describe anomalous scalings and angula
r singularities of the multipoint correlation functions which are manifesta
tions of the field's intermittency. The growth rate of the magnetic field i
n a typical realization is found to be half the difference of two Lyapunov
exponents of the same sign.