BC Pipeline Plans Meet Resistance
First Nations, activist shareholders and environmental groups from British Columbia were in Toronto on May 6 to protest Enbridge’s (ENB-T, ENB-N) plan to build two 1,170-km pipelines that will carry o…
News
Fort Hills’ Future Uncertain
In September 2007, Teck (TCK. B-T, TCK-N) raised its stake to 20% in the Fort Hills Energy Partnership, which is developing the Fort Hills oilsands project in Alberta.
Suncor And Petro-Canada To Create Oilsands Behemoth In All-Share Deal
The proposed merger of Suncor Energy (SU-T, SU-N) and Petro- Canada (PCA-T, PCZ-N) will create the largest Canadian company by market capitalization. It will also have the biggest resource footprint i…
Q1 Strong For Kinross
Lower costs, higher margins and new ounces from mines in Russia, the U. S. and Brazil all added up to record first-quarter revenues and earnings for Kinross Gold (K-T, KGC-N).
Iron Ore: Will Benchmark Pricing Go?
With the growth of spot pricing for iron ore, it looks as if the existing system, based on a benchmark price set by annual negotiations between miners and steelmakers, is coming under increasing press…
Potash One Grows Legacy Resource
VANCOUVER — Saskatchewan produces one-third of the world’s supply of potash, the key ingredient in fertilizer, but the province has not seen a new potash mine in 40 years. With a new, increased resou…
Mosaic’s Profit Falls 89% In Q3
Lower sales and production along with higher costs for materials and reduced selling prices were to blame for Mosaic Co.’ s (MOS-N) dismal third-quarter 2009 earnings, the producer of concentrated pho…
Hana Picking Up Speed At Ghanzi In Botswana
VANCOUVER–Following up on last summer’s percussion-drill campaign at the Ghanzi property in central Botswana, Hana Mining (HMG-V) has confirmed strong copper intercepts with two diamond-drill holes.
TNR Gold Spinoff Focuses On Lithium, Rare Earth Elements
After scooping up some lithium and rare metals projects in Ontario and Nevada recently, TNR Gold (TNR-V, TRRXF-O) is spinning out its newfound assets into a subsidiary company to be called Internation…
Iron Ore’s Cautious Evolution
Iron ore was in the spotlight during the 19th trading week of the year, from esoteric new hedging opportunities to derailed grassroots iron ore deals.
People (May 25, 2009)
Anglo Canadian Uranium — Robert MacPherson appointed a director.
Lydian Gets 25-Year Mining Licence In Armenia
Lydian International (LYD-T, LYDIF-O) has been granted a 25-year mining licence for its Amulsar gold project by the government of Armenia — one of the first licences granted under the country’s new m…