VANCOUVER — U.S. billionaire industrialists the Koch brothers garnered headlines when it was revealed the group’s Canadian oil arm was the largest foreign stakeholder in the Alberta oilsands, with registered holdings of at…
VANCOUVER — Toronto-based gold miner Mandalay Resources (TSX: MND; US-OTC: MNDJF) had been on the lookout for an acquisition to boost its near-term production profile, and it has apparently found a fit in Elgin Mining (TSX: ELG,…
The Fort Hills oilsands project remains Teck Resources’ (TSX: TCK.B; NYSE: TCK) main growth project, Andrew Golding, the company’s senior vice-president of corporate development, said during the 2014 Global Metals, Mining and Steel…
The Canadian Association of Petroleum Producers is forecasting that output from Alberta’s oilsands will reach 4.8 million barrels per day (bpd) by 2030, which is 400,000 bpd lower than its forecast last year, due largely to project costs…
The S&P/TSX Venture Composite Index bounced back during the week, rising 3.46 points, to close at 987.45. Investor sentiment improved after the U.S. Labor Department said the economy created 217,000 jobs in May. Meanwhile, the European…
Victory Nickel (TSX: NI; US-OTC: VNCKF) didn’t set out to be part of the premium frac sand business.
Spot pricesCourtesy of ScotiabankTuesday, June 10 2014Precious MetalsPrice…
VANCOUVER — Drills at Temex Resources’ (TSXV: TME) Whitney gold project near Timmins, Ont., are finding high grades while the company upgrades the main deposit for a planned bulk sample and initial economic study.
Ressources Appalaches’ (TSXV: APP) president and CEO Alain Hupé is only too happy to follow a hunch.
A rare combination of ongoing strikes in South Africa’s platinum group metal mines combined with political tensions between Russia and Ukraine have translated into three-year highs for palladium prices in early June, resulting in one of…
U.S. equities posted their third straight weekly gain, driven by strong payroll data and optimism about economic growth. The economy added 217,000 jobs in May while the unemployment rate held steady at 6.3%. The Dow Jones Industrial Average…
VANCOUVER — It’s no secret that 2013 was a rough year in the mining business, but PwC’s eleventh annual global trends analysis — entitled Mine 2014: Realigning Expectations — shed some light how just how grim…
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