When Oilsands Quest (BQI-X) started drilling at its Axe Lake project in Saskatchewan in 2006, there was a much uncertainty in the industry about whether the oilsands of northern Alberta continued to the east.”A lot of people in the industry…
Despite the recent ill wishes from the World Wildlife Fund and Canadian actress Neve Campbell, the development of Alberta’s oilsands continues unabated.While a WWF report and a new documentary narrated by Campbell simultaneously unleashed…
Last September, China made its biggest jump into Canada’s oilsands with PetroChina (PTR-N) slapping down $1.9 billion for a 60% stake in two undeveloped projects near Fort McMurray in northern Alberta owned by privately held Athabasca Oil Sands…
The first two stages of Suncor Energy’s (SU-T, SU-N) Firebag in situ oilsands project have been in operation since 2003 and 2005, respectively, with combined production of about 60,000 barrels per day. Stage three has a planned production…
VANCOUVER — BP (BP-N, BP-L) has made a big swing back into Canada’s oilsands with two separate deals to develop properties in the Athabasca region.BP struck a deal with privately-held Value Creation to take a majority stake in the 740-sq.-km…
Southern Pacific (STP-V) has signed a deal to increase its stake in the McKay oilsands project 45 km northwest of Fort McMurray, Alta., from 80% to 100%.Southern Pacific has agreed to pay $33 million for 59 sections of land from Bounty…
UTS Energy (UTS-T) has established itself as a rarity amongst oilsands juniors.After warding off a hostile takeover bid from Paris-based oil giant Total (TOT-N) last year, the Calgary-based company now holds key positions in three significant…
VANCOUVER — Oilsands companies in Alberta using in situ, steam-assisted gravity drainage (SAGD) extraction techniques on deposits too deep to mine will no doubt end up doing less environmental damage than comparable open-pit oilsands…
VANCOUVER — Two successful silver companies have joined forces to tackle the Navidad project in Argentina, one of the largest undeveloped silver deposits in the world. In what has now become a famili…
VANCOUVER — A high-grade gold hit has connected two separate zones at Oro Gold Resources’ (OGR-V) Trinidad property in Sinaloa, Mexico.
Vancouver – Mag Silver (MAG-T) thinks it might be getting close to the jackpot – drills at its Pozo Seco pro…
Iamgold (IMG-T, IAG-N) more than doubled its existing credit facility to US$350 million and added a second US$…
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