Golden Chalice Rises 543% on Nickel Hole
Vancouver — Coming out of nowhere, Golden Chalice Resources (GCR-V, GCRIF-O) rocketed up the stock charts recently, gaining 543% on a wide nickel intercept from its Langmuir project, just south of Ti…
Canada
Oilsands See Technology as Saviour From Environmental Dilemma
Swollen government coffers and generous earnings for investors and workers alike make any talk of slowing down development at Alberta’s oilsands seem absurd.
Upkeep Brings Suncor Output Down
A drop in production at its Fort McMurray, Alta., oilsands operation has prompted Suncor Energy (SU-T, SU-N) to lower its 2007 production forecast to 255,000-265,000 barrels per day (bpd) from a maxim…
Syncrude Earns $713 Million in Q1
Syncrude Canada’s newest coker may have gotten off to a rocky start, but overall, the expansion of its Fort McMurray, Alta.-area oilsands project has resulted in a huge first-quarter gain in earnings …
Copper Fox Packs on Pounds, Worth Less
Copper Fox Metals (CUU-V, CPFXF-O) increased its copper and gold resources recently at its Schaft Creek project, in B.C., but watched as its share price fell on news that the molybdenum and silver res…
First Gold to Earn in on Croinor
South-Malartic Exploration (MSU-V), its hands full with its Mexican projects, has dealt a right to a 50% interest in the Croinor gold project in northwestern Quebec to First Gold Exploration (EFG-V, F…
Zinifex Gets 95% of Wolfden
Zinifex (ZFEXF-O, ZFX-A) plans to make a compulsory acquisition of the remainder of Wolfden Resources (WLF-T, WLFFF-O), now that 95% of the shares have been tendered.
Teck Cominco Digs Oilsands
Vancouver — Since entering into its first oilsands investment in late 2005, Teck Cominco (TCK.B-T, TCK-N) seems to be developing a taste for the petroleum side of the resource industry. The Vancouver…
Statoil Moves Into Oilsands With NAOS Takeover
It’s the hollowing out of Canadian private equity: North American Oil Sands, owned by Paramount Resources (POU-T, PRMRF-O), the Ontario Teachers’ Pension Plan, and a number of energy funds, has agreed…
Martison phosphate estimate tabled
Joint venture partners PhosCan Chemical (FOS-V) and Baltic Resources (BLR-V) have published a new resource estimate…
Teck joins NovaGold to develop Galore Creek
NovaGold Resources (NG-T, NG-X) has struck a deal with Teck Cominco (TCK.B-T, TCK-N)to develop on a 50-50 basis the…
Norilsk ups the ante for LionOre
Moscow-based Norilsk Nickel (NILSY-O, MNODL-L) has proven itself undeterred by a high break fee and raised its bid …