Volume 99 Number 15 May 27 - Jun 2, 2013




Editorial: Clash of the Titans

Canadians trying to make sense of what’s going on in the upper echelons of the newly merged Glencore Xstrata are getting a feel of what it must have been like to be an ancient Greek peasant looking up at his distant panoply of…


TSX Venture Exchange, May 13-17

The S&P/TSX Venture Composite Index dropped 3.3% — or 32.05 points during the period — with falling precious metal prices and a weaker Canadian dollar weighing on the market. Upbeat signs from the U.S. provided a late boost…


U.S. markets, May 13-17

U.S. markets continued their upward march, marking their fourth straight week of gains. The Dow Jones Industrial Average advanced 235.91 points, or 1.56%, to close the week at 15,354.40, while the S&P 500 Index rose 33.77 points, or 2.07%,…



An operator tightens a valve on a steam-assisted gravity drainage well pad at Nexen's Long Lake oilsands project. Source: Nexen

Who’s afraid of CNOOC?

The $15.1-billion takeover last year of oilsands producer Nexen by state-owned China National Offshore Oil Co., or CNOOC (CEO-N), tested Canadians’ willingness to allow foreign state-controlled firms full access to the country’s…



Titanium digs for value in oil sands tailings

VANCOUVER — Titanium Corp. (TIC-V) sees an opportunity in the waste being created by the big bitumen business in northeastern Alberta. With backing from the federal and provincial governments, the Edmonton-based junior is aiming to…


Logging core at Sunridge Gold's Asmara copper-zinc-gold project in Eritrea. Source: Sunridge Gold

Sunridge brightens Asmara’s economics

Sunridge Gold (SGC-V) has outlined stronger economics for its prized Asmara copper-zinc-gold project in Eritrea in a feasibility study that outshines last year’s prefeasibility study. 


Husky Energy's Sunrise oilsands project under construction in Alberta. The project is two-thirds away from completion, according to the company.

Husky ready to make the Sunrise

There are an estimated 170 billion barrels of oil in Alberta’s oilsands, but getting them all out is proving to be a costly venture. As with the metal mining industry, mining for oil has been subjected to steep cost inflation over the…


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