Discoveries add lustre to Manitoba’s gold camps
VANCOUVER–Manitoba’s historic gold districts are getting a new lease on life from junior companies aspiring to become mid-tier producers. San Gold (SGR-V, SGRCF-O) has revived the Rice Lake belt, whe…
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Greens and nationalists draw North-South lines in oilsands
VANCOUVER — Alberta and Venezuela host most of the world’s heavy oil deposits, with both areas containing recoverable reserves comparable to those of Saudi Arabia. But given the choice between invest…
Japan Canada Oil Sands to quadruple production at Hangingstone
For a decade now, bitumen production at Japan Canada Oil Sands’ (JACOS) Hangingstone demonstration plant south of Fort McMurray, Alta., has been caught between experimental mode and commercial product…
Teck Cominco a mining pioneer in oilsands
VANCOUVER–The sky-high cover charge for entry into Alberta’s oilsands has kept most mining companies from diversifying into this rapidly expanding sector of the energy business. One notable exception…
Mega projects facing mounting costs
Developing Canada’s oilsands is far more complex and expensive than conventional oil and gas production. Multibillion-dollar upgraders are needed to convert the raw bitumen, a heavy, viscous material,…
Kinbauri drilling hints at Black Skarn extension
The latest assays from Kinbauri Gold’s (KNB-V) infill drill program at the El Valle mine in Spain show high-grade mineralization that could extend the Black Skarn North zone, possibly linking it up wi…
TSX VENTURE EXCHANGE MAY 20-26
The TSX Venture Composite Index surged 4% over the May 20-26 trading period, rising 107.43 points to 2,718.75.
TORONTO STOCK EXCHANGE MAY 20-26
After the TSX Composite Index hit a record high of 15,000 on May 20, the benchmark index slipped 1.9% to 14,758.57 points over the May 20-26 trading session. Other indexes followed suit, with the Capp…
More consolidation likely in oilsands
News reports that India’s biggest oil producer, Oil & Natural Gas Corp. (ONGC) is negotiating to buy a 100% interest in an unidentified mid-sized Canadian oilsands company has unleashed a flood of…
Redhawk hits near-surface
Redhawk Resources (RDK-V, RHWKF-O) has intersected some solid copper grades at its Copper Creek project, near San Manuel, Ariz., that it believes will add important near-surface resources to its next …
U. S. MARKETS MAY 20-23
Markets were closed in the U. S. on May 26 for Memorial Day, following the May 20-23 trading session — one of the worst trading weeks in months. Anxiety about the impact of higher oil prices dominate…
Recovering stranded bitumen
There is a way to access stranded bitumen resources while at the same time improving reclamation performance — that’s what mining engineer Howard Keele would like to prove with a conceptual technolog…