Aurizon lifts Q1 profits
Aurizon Mines (ARZ-T, AZK-X) boosts its first-quarter profit by 238% as it maintained production levels and benefited from higher gold prices.
Canada
Highgrade over short interval for BonTerra
BonTerra Resources (BTR-V) released an eye catching drill result that maybe isn’t as noteworthy as it seems at first blush.
[Update] Osisko shuts Malartic mill after fire
Osisko Mining (OSK-T) saw its shares initially drop after reporting a fire that broke out at its flagship Canadian Malartic gold operation in Quebec on Wednesday night.
B.C. pipeline debates rage on
VANCOUVER — The scale of the west coast pipelines debate is hard to understate. Current and former politicians from all levels of government have come out swinging for and against; lobbyists, First Nations and non-government groups have…
Canadian Natural advances Horizon
Canadian Natural Resources (CNQ-T) has big plans for its Horizon oilsands project, located north of Fort McMurray, Alta., in the Athabasca region.
Southern Pacific’s McKay: On time and under budget
While project costs are escalating for many companies in the oil sands, Southern Pacific Resources (STP-T) maintains that costs for its McKay thermal project in Alberta will move in the opposite direction.
Thompson Creek to raise $412M for Mt. Milligan funding gap
VANCOUVER — Thompson Creek Metals (TCM-T, TC-N) has set out to raise about $412 million in two separate financings to plug a funding shortfall at its under-construction Mt. Milligan mine in British Columbia.
Suncor’s diversity over-powers lower Canadian crude prices
VANCOUVER — Canadian oil-sands juggernaut Suncor Energy (SU-T, SU-N) beat analyst’s estimates and strengthened its cash position during the first quarter, as the company’s strategic integration of refining facilities off-set a…
Venture returns to negative territory in April 30 – May 4 period
VANCOUVER — The S&P TSX Venture Composite Index slipped back to negative territory in the April 30 – May 4 period, ending down 7.71 points at 1,405.05 after three days of losses outweighed two days of gains. Volume for the…
Letter to the Editor: CSR counsellor should be applauded
An editorial in The Northern Miner criticized Canada’s Extractive Sector CSR counsellor, Marketa Evans, for “shooting another blank” in reference to the office’s second case, involving First Quantum Minerals’ Guelb…
Potash a hot commodity on the Canadian prairies
With the world’s population marching upward, and the U.S. Department of Agriculture estimating this year we’ll see the largest U.S. corn crop in 75 years, it may be no surprise that potash exploration and project development…
Xstrata seeks buyer for Donkin
Xstrata Coal, a subsidiary of diversified miner Xstrata (XTA-L), is looking to sell its 75% stake in the Donkin coal project in Atlantic Canada.