Connacher Records Q1 Loss
The drastic price drops in bitumen, crude oil and natural gas left Connacher Oil and Gas (CLL-T, CLLZF-O) with a $46.8-million loss in the first quarter of 2008 despite an increase in production.
Canada
Zinc Comeback Drives Canadian Miners
Zinc prices have come back from the dead, and revived zinc producers like Breakwater Resources (BWR-T, BWLRF-O).
Potash One Grows Legacy Resource
VANCOUVER — Saskatchewan produces one-third of the world’s supply of potash, the key ingredient in fertilizer, but the province has not seen a new potash mine in 40 years. With a new, increased resou…
Iron Ore’s Cautious Evolution
Iron ore was in the spotlight during the 19th trading week of the year, from esoteric new hedging opportunities to derailed grassroots iron ore deals.
New Horizon For Canadian Natural Resources
By bringing its Horizon oilsands project in Alberta into production in February, Canadian Natural Resources (CNQ-T, CNQ-N) thrust itself into the middle of the conversation on how best to play the oil…
Sage scoops up Puma
An all-share merger between Geraldton-Beardmore explorer Sage Gold (SGX-V) and Consolidated Puma Minerals (CPW-V)…
Canadian exploration spending expected to halve in 2009
Vancouver – For a junior to spend even half as much on exploration in Canada this year as compared to last may now …
Seabee returns strong intercepts for Claude Resources
Results so far this year from infill drilling at Saskatoon-based Claude Resources’ (CRJ-T, CGR-X) Seabee mine, 125 …
Berg grows for Terrane
Vancouver – The Berg project is bigger and better defined for Terrane Metals (TRX-V, TRXOF-O).
Syncrude works continuously at reclamation
Syncrude, one of the largest oilsands operators, does not wait until an area is completely mined out before startin…
Century Mulls Its Options At Lamaque
Junior gold producer Century Mining (CMM-V, CMNZF-O) has nailed down a conditional underwriting commitment for US$65 million to restart Lamaque, a gold mine in Quebec that historically has produced mo…
HudBay Posts Q1 Loss
Lower copper and zinc prices sent HudBay Minerals’ (HBM-T, HBMFF-O) net earnings into negative territory in the first quarter of 2009, but lower operating costs helped cushion the fall.