Augen Gold directors capitulate after Trelawney raises offer
Ontario-focused gold explorer Trelawney Mining and Exploration (TRR-V) has raised its all-share bid for neighbour Augen Gold (GLD-V) to 0.0862 of a Trelawney share from 0.066 of a share.
News
Prophecy Platinum surges on drill results
Shares of Prophecy Platinum (NKL-V, PNIKD-O) shot up 10.2%, or 43¢, to $4.63 on drill results from its flagship Wellgreen deposit in the Yukon Territory, about 317 km northwest of Whitehorse.
Teck advances its oilsands projects
Teck Resources (TCK.B-T, TCK-N) is looking to produce more than 30,000 barrels of bitumen per day by 2016 from its oilsands projects in Alberta.
Statoil defends its turf on Alberta’s oilsands
Norway’s Statoil ASA (STO-N, STL-O) has long been considered one of the world’s leading offshore operators, but lately it has turned its attention to Canada’s oilsands.
Southern Pacific Resource advances McKay
If everything goes according to plan, Southern Pacific Resource (STP-T) will finish construction of its McKay thermal project in Alberta in the second quarter of next year, with the first steam to follow and production targeted to get underway…
TransCanada’s Keystone XL clears major hurdle
Hollywood actors, climate experts and other opponents of the proposed Keystone XL oil pipeline will have 90 days to prevent the project’s final approval after the U.S. State Department ruled that the pipeline would have “no significant impact”…
Enbridge touts pipeline demand as review continues
Building a nearly 1,200-km-long pipeline is inevitably challenging, but putting one through two provinces and the territory of dozens of First Nations, only to emerge in a contentious port location, makes for a daunting task indeed.
‘China Inc.’ buys another slice of the oilsands
Another year, another purchase by a state-owned Chinese energy company in Alberta’s burgeoning oilsands industry.
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TSX Venture short positions
Short positions outstanding at Aug 31/11 (with changes from Aug 15/11).