If everything goes according to plan, Southern Pacific Resource (STP-T) will finish construction of its McKay thermal project in Alberta in the second quarter of next year with the first steam to follow and production targeted to get underway…
Baker Lake, Nunavut – It’s been a tough and ambitious foray in Canada’s Arctic for Agnico-Eagle Mines (aem-t, aem-n), to say the least, but one that holds much promise.
Vancouver – Another year, another purchase by a state-owned Chinese energy company in Alberta’s burgeoning oilsands industry.
Vancouver – Building a nearly 1,200-km-long pipeline is inevitably challenging, but putting one through two provinces, the territory of dozens of first nations and long tracks of wilderness, only to emerge in a highly contentious port location…
Norway’s Statoil ASA (STO-N, STL-O) has long been considered one of the world’s leading offshore operators but lately it has turned its attention to Canada’s oilsands. The Company landed in Alberta in a big way back in 2007 via its $2 billion…
Results from infill and resource expansion drilling at Prodigy Gold’s (PDG-V) Magino gold project in Ontario sent the junior’s shares up 10.34% to close at 64¢ yesterday. At presstime in Toronto Prodigy was trading at 59¢ per share…
Shares of Richmont Mines (RIC-T) jumped $1.42 or 15.32% to $10.69 on drill results from its Wasamac property in Quebec and the company plans to expand its exploration program there by another 10,000 metres to 45,000 metres this year as part of…
Vancouver – Selwyn Resources (SWN-V) is looking to raise US$30 million in a senior bond offering through Norway’s First Securities AS in order to restart operations at the company’s newly acquired ScoZinc zinc-lead mine in Nova Scotia.
Promising assays from Lake Shore Gold’s (LSG-T) Thorne gold property in Timmins, Ont., did little to lift the company’s shares. The junior has been trading near its 52-week low of $1.91 (Aug. 15, 2011) since releasing dismal second-quarter…
Hollywood actors, climate experts and other opponents of the proposed Keystone XL pipeline will have ninety days to prevent the final approval of the project after the U.S. State Department ruled on Friday that the pipeline would have “no…
An Ontario Superior Court, in Keewatin v. Ontario, has cast doubt on the validity of provincial forestry licenses in the Treaty 3 area of northwestern Ontario, which includes the Red Lake gold camp. Mining could also be at risk of litigation in…
AuRico Gold (AUQ-T, AUQ-N) wants to be the world’s next significant intermediate gold producer, and it has tabled a rich, all share offer for Northgate Minerals (NGX-T, NXG-X) to help it get there.
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