VANCOUVER — Horizontal drilling and fracturing technology have unlocked vast reservoirs of oil and gas from shale basins across North America. The continent hosts 67 billion barrels of technically recoverable shale oil and 1,238 trillion…
The S&P 500 Index dropped 18 points to 1,967.57, marking its worst week since April, as European economic uncertainty continued. The Dow Jones Industrial Average fell 124 points to 16,943.81, while the Nasdaq Composite Index gave back 70…
VANCOUVER — In the two weeks after the Supreme Court of Canada’s landmark granting of aboriginal title over a broad swath of land in central B.C. to the Tsilhqot’in Nation, several new court cases and a re-energized battle…
VANCOUVER — After snapping up Brigus Gold and its Black Fox mine for $220 million in late 2013, Primero Mining (TSX: P; NYSE: PPP) pledged it would turn operations around and realize the project’s dormant underground potential….
Cayden Resources (TSXV: CYD; US-OTC: CDKNF) keeps hitting gold at its El Barqueno project in Jalisco state, Mexico, coming up with its third discovery at the project in July.
In the last six months, Rainmaker Resources (TSXV: RMG) has acquired frac sand assets in both Canada and the U.S. that are close to key infrastructure and existing frac sand operations.
Production at Athabasca Minerals’ (TSXV: ABM; US-OTC: ABCAF) Firebag silica sand project in northern Alberta could ramp up in late 2016 and early 2017 — perfect timing to capitalize on growing frac sand demand in North…
U.S. Silica Holdings (NYSE: SLCA), like many other U.S.-based frac sand miners, is boosting its production capacity to meet the growing demand for this special type of sand used in oil and gas drilling.
The S&P/TSX Venture Composite Index lost 1.4%, or 14.83 points, during the trading sessions before closing the week at 1,022.93 points. Markets were hit by falling energy futures and a report from Statistics Canada that indicated the…
Nova Scotia’s deputy chief medical officer Frank Atherton is recommending that the provincial government take a cautious approach to hydraulic fracturing, or fracking, and argues in a new discussion paper that the relevant authorities…
The Supreme Court of Canada’s Tsilhqot’in decision will have a ripple effect across Canada and could deter resource investment in the country, according to Neal Smitheman, a partner at law firm Fasken Martineau.
Poor jobs data showing that Canada lost 9,400 jobs in June, sending the unemployment rate up to 7.1% from 7% in May, put pressure on the Canadian dollar and the S&P/TSX Composite Index. The dollar ended the week at $1.0734 to the greenback,…
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