Pembina shares drop as it agrees to buy Provident for $3.2-billion
Pembina Pipeline Corp. (PPL-T26.35-1.55-5.56%) has agreed to purchase all issued and outstanding shares of Provident Energy Ltd. (PVE-T11.041.5316.09%) in a transaction valued at $3.2-billion in...
View ArticleThe new Canadian gold rush
Scott Ulvstal had pretty much given up on the idea of settling down in his hometown in northeastern Ontario. He left with his girlfriend, Rosanna, a decade ago, hitting the road in a rented U-Haul...
View ArticleIn West Africa, a Canadian mining company pioneers 'the new humanitarianism'
Mining company boss Steve Letwin was ecstatic when he struck a precedent-setting deal with the Canadian government to work together on a training project for African youth. “I think it’s the model of...
View ArticleChina eyes Canadian uranium mines
Takeover activity is poised to heat up in the Canadian uranium sector as energy-hungry China hunts for feedstock to fuel its growing family of nuclear reactors.The post China eyes Canadian uranium...
View ArticleJunior mining firms in ‘revolt’ over native deals
On the sidelines of the mining industry’s massive annual conference in Toronto in early March, a group of disgruntled junior exploration companies held a private meeting.The post Junior mining firms in...
View ArticleHealthy polar bear count confounds doomsayers
The debate about climate change and its impact on polar bears has intensified with the release of a survey that shows the bear population in a key part of northern Canada is far larger than many...
View ArticleCEO buys at Paramount Gold
Between March 28 and 29, Paramount Gold and Silver (PZG-T2.44-0.05-2.01%) CEO Christopher Crupi bought 100,000 shares in the public market at an estimated average price of $2.21. The stock trades on...
View ArticleWorld Bank trims China’s growth outlook
The World Bank cut its growth forecast for China on Thursday, adding to warnings the world’s second-largest economy might slow too abruptly, and said Beijing should be ready to launch a new stimulus if...
View ArticleCanadian miner vies to be major rare-earth supplier
The race is on for mining companies vying to become the world's next big producers of heavy rare-earth minerals, used to manufacture components for everything from vent fans for jet engines to...
View ArticleKinross Gold’s Mauritanian desert storm
The Tasiast gold mine in the Mauritanian desert was the biggest acquisition in Kinross Gold Corp.’s 19-year existence and one of the biggest takeovers in the history of the gold industry. The post...
View ArticleAlberta sues oil sands firms over royalties
Alberta is suing the partners of Canada's second-largest oil sands project for $100 million over a dispute tied to royalty payments.The post Alberta sues oil sands firms over royalties appeared first...
View ArticleGlencore stockpiles zinc, tightens grip on global market
Commodity trader Glencore is tightening its grip on the global zinc market by moving material to inaccessible locations, forcing industrial users to pay high physical premiums for a metal that is in...
View ArticleHarper is right: Foreign radicals are after the oil sands
“There is political manipulation. There is influence peddling. There are millions of dollars crossing borders masquerading as charitable donations.”The post Harper is right: Foreign radicals are after...
View ArticleChinese coal, iron ore defaults prompt mystery
Over the last two weeks, Chinese consumers of thermal coal and iron ore have been defaulting on their contracts, sending prices sharply down. The post Chinese coal, iron ore defaults prompt mystery...
View ArticleNationalism stumps Canadian mining companies in Latin America
From expropriations in Venezuela, Bolivia and Argentina to violent opposition in traditionally mining-friendly jurisdictions such as Peru and Chile, the rising political tensions pose a risk to a...
View ArticleTeck Metals to plead guilty over pollution in Trail, B.C.
Teck Metals Ltd. is expected to be hit with substantial fines after the company admits in court next week to causing pollution in Trail, in southeast B.C. The provincial court registry shows Teck,...
View ArticleHedge funds bail on copper as ‘supply storm’ looms
Hedge funds and other large speculators held a net-short position, or bets on price declines, of 4,991 U.S. copper futures and options contracts in the week ended Aug. 23, according to Commodity...
View ArticlePolice killed 65, injured 270 at Barrick mine in Tanzania, inquiry hears
Tanzanian police have killed 65 people and injured 270 during years of sporadic clashes with villagers at a controversial Canadian-owned gold mine, according to evidence heard by a Tanzanian government...
View ArticleOil sands surplus jamming up pipelines to U.S., pushing more crude into rail...
Canada is sending a record amount of oil to the United States, filling pipelines to capacity and threatening to push more crude into rail cars. U.S. imports from its northern neighbour jumped 17 per...
View ArticleCopper, platinum key to future of auto industry, mining financier says
The current lithium frenzy will end badly while gold bugs should look at the riper opportunities available in copper and platinum, according to mining financier Robert Friedland. In a sprawling,...
View Article
