Goldcorp hostile bid battle for Osisko Mining likely thwarted by Yamana Gold and Agnico Eagle

Apr 16, 2014 - Yamana Gold and Agnico Eagle will likely acquire 100% of Osisko Mining Corporation (TSX:OSK) for $3.9 billion, thwarting Vancouver-based Goldcorp's long-running hostile takeover attempt, Osisko announced April 16....    Full Article


Most Popular Mining and Energy News »

1

Petronas' Progress Energy one of the busiest oil

Apr 09, 2014 - Although Malaysia's Petronas won't decide until the end of this year whether to export LNG from Canada, the... Full Article

2

First Nations, Aquilinis propose Enbridge alternative

Apr 14, 2014 - An environmentally sound pipeline led by First Nations is the best way to move forward as an alternative to... Full Article

3

B.C. First Nations sign two LNG revenue-sharing

Apr 11, 2014 - Two revenue-sharing agreements were signed with the Lax Kw’alaams and Metlakatla First Nations in... Full Article



All Mining and Energy

Walter Energy to idle two B.C. coal mines, temporarily lay off 700 employees

Apr 16, 2014 - Alabama-based Walter Energy, Inc. (TSX:WLT) will be idling its Canadian operations, which include two coal mines in British Columbia, leading to... Full Article

Opinion: LNG to bring big benefits to B.C.

Apr 15, 2014 - Liquefied Natural Gas (LNG) is a huge opportunity for British Columbia. The investment proposals for the northwest are truly staggering. However,... Full Article

Investors could be drawn by Goldcorp's latest hostile bid for Osisko

Apr 15, 2014 - Against expectations, Goldcorp (TSE:G)(NYSE:GG) sweetened its hostile bid for Osisko Mining Corp. on April 10 (TSE:OSK) to $3.6 billion, trumping... Full Article

First Nations, Aquilinis propose Enbridge alternative

Apr 14, 2014 - An environmentally sound pipeline led by First Nations is the best way to move forward as an alternative to the Enbridge's Northern Gateway... Full Article

Victoria city council joins Tofino, First Nations group in fight against gold mine

Apr 11, 2014 - Victoria city council has passed a motion supporting a mining moratorium in a First Nations group's territory where a subsidiary of Imperial... Full Article

B.C. First Nations sign two LNG revenue-sharing agreements

Apr 11, 2014 - Two revenue-sharing agreements were signed with the Lax Kw’alaams and Metlakatla First Nations in British Columbia April 9 related to the... Full Article

Goldcorp ups the ante to $3.6b in its hostile bid for Osisko Mining

Apr 10, 2014 - Vancouver’s Goldcorp Inc. (TSX:G)(NYSE:GG) has boosted its hostile takeover bid for Osisko Mining Corp. to a total $3.6 billion, or $7.65... Full Article

Copper Mountain sees record production

Apr 10, 2014 - Copper Mountain Mining Corporation (TSX:CUM) had record production in its southern British Columbia mine in 2014’s first quarter.... Full Article

Petronas' Progress Energy one of the busiest oil drillers in Canada

Apr 09, 2014 - Although Malaysia's Petronas won't decide until the end of this year whether to export LNG from Canada, the company is already pumping billions of ... Full Article

New route through Burnaby Mountain proposed for Kinder Morgan pipeline

Apr 08, 2014 - Kinder Morgan is pondering yet another route change for the Trans Mountain pipeline expansion, one that involves drilling through Burnaby Mountain ... Full Article

Oil and gas, mining companies face the biggest risk of cyber-attack

Apr 08, 2014 - The number of targeted cyber-attacks increased an alarming 91% last year, with mining companies as well as oil and gas firms among the most at... Full Article

Referendum vote on Northern Gateway pipeline is “heavily tainted,” said MP

Apr 07, 2014 - Kitimat residents are going to the polls this month to give their opinions on the proposed Northern Gateway pipeline, but Skeena-Bulkley Valley... Full Article

CEO of Vancouver's Curis Resources resigns

Apr 07, 2014 - The CEO of Vancouver-based Curis Resources (TSX: CUV) is leaving the mineral exploration company to take a job with JDS Energy and Mining group.... Full Article

Rio Tinto divests its shares of Vancouver's Northern Dynasty

Apr 07, 2014 - Rio Tinto (NYSE: RIO) has advised management at a Vancouver-based mining company it's divesting all its shares following a strategic asset review.... Full Article

Temporary foreign workers, more skills training needed for B.C. LNG industry: report

Apr 04, 2014 - A workforce-planning coalition and the development of a temporary foreign workers strategy are among the 15 recommendations the B.C. government is ... Full Article

Mineral rights for First Nations would promote mining investment: study

Apr 04, 2014 - Canada may be the top mining destination for investors worldwide, but it is not doing enough to keep its crown as it still needs to allow more... Full Article

Infographic: Duvernay shale gas play

Apr 04, 2014 - The Daily Oil Bulletin has produced an interactive infographic that explains the major players, well results, land spending and many other...... Full Article

B.C. LNG export plant decision still several years away: Imperial Oil

Apr 03, 2014 - Imperial Oil Limited’s decision on whether to build a British Columbia LNG export plant is still several years away, top executives said... Full Article

Provincial government seeking comment for developing carbon capture and storage regulatory policy

Apr 02, 2014 - British Columbia’s Ministry of Natural Gas Development is in the process of developing a regulatory policy framework for carbon capture and... Full Article

Buyer revealed in US$374 million Apache Corporation deal

Apr 02, 2014 - A buyer has been revealed in the US$374 million deal announced by Apache Corporation March 31. Full Article

New Prosperity opponents, government may have violated Taseko Mines’ rights: expert

Apr 01, 2014 - Meetings between federal officials and opponents of the proposed New Prosperity mine in the Cariboo may have violated the rights of the company... Full Article

Apache agrees to sell oil and gas assets in B.C. and Alberta's Deep Basin for $374 million

Mar 31, 2014 - Apache Corporation (NYSE, Nasdaq: APA) has agreed to sell producing oil and gas assets in the Deep Basin area of western Alberta and British... Full Article

Tags: Natural Gas

Ottawa approves long-term export licences for B.C. LNG sites

Mar 28, 2014 - The federal government has approved four long-term export licences for companies eyeing liquefied natural gas (LNG) facilities along the B.C.... Full Article

B.C. mining companies turn to medical marijuana to diversify business

Mar 28, 2014 - Trying to stay afloat in a tough environment, a group of Canadian junior miners have decided to diversified their business by tapping into an... Full Article

Tags: Health Mining

Taseko Mines starts second court process on rejected New Prosperity mine

Mar 26, 2014 - Taseko has launched a second judicial review of the proposed New Prosperity open pit mine in the Cariboo. Full Article

Why the price of platinum is set to take off

Mar 26, 2014 - Platinum should trade much higher than it is today, due to a combination of factors: Full Article

Tags: Metal Mining

Steelhead to propose new B.C. LNG export terminal

Mar 25, 2014 - Vancouver-based company considering land-based and floating facilities Full Article

Goldcorp extends another offer to Osisko

Mar 24, 2014 - Goldcorp has (TSX:G) (NYSE:GG) extended its $2.6 billion offer to Osisko (TSX:OSK) shareholders until April 4, 2014.... Full Article

Coal prices hit SouthGobi; company to seek additional financing

Mar 24, 2014 - Vancouver-based miner SouthGobi Resources (TSX: SGQ) said March 24 it is seeking additional financing to avoid defaulting on a $250 million... Full Article

Expert pushes electrical grid innovation

Mar 24, 2014 - Key investment decisions needed in the next five to 10 years Full Article

Gold falls to three week low after US Federal Reserve’s Janet Yellen says rates could rise sooner than expected

Mar 20, 2014 - Down again gold went on Thursday, hitting three-week lows after posting its steepest one-day fall since late January in the previous session, as... Full Article

Tahltan, Imperial Metals working on agreement for Red Chris mine

Mar 20, 2014 - The Tahltan First Nation appears close to supporting the Red Chris Mine in northwestern British Columbia. Full Article

MP Greg Rickford named Natural Resources Minister replacing Joe Oliver

Mar 19, 2014 - The former federal minister of state for science and technology has been sworn in as Minister of Natural Resources, replacing Joe Oliver, who has... Full Article

Sandstorm Gold CEO Nolan Watson on “transformative” year and lessons learned from Colossus Minerals bankruptcy

Mar 19, 2014 - Vancouver-based streaming firm Sandstorm Gold (TSE:SSL) has seen some impressive gains on its share price over the past week; on March 10 the... Full Article

Mining report: Mining companies need to do a better job of preparing for AGMs

Mar 18, 2014 - Under a tide of mounting investor scrutiny, it is important for mining companies to understand the increasing range of legislative, regulatory and ... Full Article

Mining report: Pinto Valley purchase: anatomy of a $660 million deal

Mar 18, 2014 - Small Vancouver metals company negotiates multimillion-dollar copper mine acquisition from major miner as commodity prices shift resource landscape Full Article

Mining report: Multitude of mining industry challenges need innovative solutions

Mar 18, 2014 - Productivity, energy conservation, environment, declining deposit grades all high atop the 21st-century list of concerns for miners Full Article

Great Panther back to work at its silver mine in Mexico

Mar 17, 2014 - Vancouver-based Great Panther Silver Ltd. (TSX:GPR) said March 17 it had restarted full mining and plant operations at its Guanajuato mine complex,... Full Article

Province needs to finalize natural gas tax plan: mayor of Northern Rockies

Mar 14, 2014 - Bill Streeper, mayor of the Northern Rockies Regional Municipality, has blasted the provincial government’s delay in getting an LNG tax to a ... Full Article

Progress completes two Montney acquisitions

Mar 14, 2014 - Progress Energy Canada Ltd., the Canadian subsidiary of Malaysia’s Petronas, has closed its previously announced agreement to acquire... Full Article

LNG opportunities cited as Enbridge acquires Grassy Point site

Mar 12, 2014 - Enbridge Inc. has purchased a 64-hectare site at Grassy Point on the northwest coast of British Columbia near Prince Rupert for possible... Full Article

Sandstorm Gold sees record sales

Mar 12, 2014 - Canadian gold streaming firm Sandstorm Gold (TSE:SSL) gained close to 7% on its share price March 11 after releasing its 2013 results which... Full Article

Goldcorp extends Osisko offer

Mar 11, 2014 - Goldcorp (TSX:GG) extended its $2.6 billion offer to Osisko (TSX:OSK) shareholders until March 21, 2014. Full Article

Housing answer floats into Kitimat

Mar 10, 2014 - An Estonian cruise ship converted to serve as a floating hotel – and help ease a housing crisis – was scheduled to arrive in Kitimat... Full Article

Let's make an LNG deal

Mar 10, 2014 - Part two of three: As Japan struggles to meet post-nuclear power demand, all Asian liquefied natural gas buyers are pushing for lower prices Full Article

Northern Gateway launches website to connect supply chain

Mar 07, 2014 - Northern Gateway has set up an online database with the aim of connecting job seekers and business owners with contractors on their proposed... Full Article

Prentice to lead renewed Northern Gateway consultation efforts

Mar 05, 2014 - A former federal minister of Indian and Northern Affairs will lead renewed efforts to consult with and establish partnerships with First Nations... Full Article

LNG exports will mean higher gas prices that erode domestic demand, Dow says

Mar 05, 2014 - It is inevitable that significant LNG exports will lift natural gas prices, says an official from an industry whose feedstock price is determined... Full Article

New Prosperity assessment was “very damning”: Harper

Mar 04, 2014 - Prime Minister Stephen Harper, speaking at the Prospectors and Developers Association of Canada (PDAC) 2014 convention March 3, said the weight of ... Full Article

Novo Resources acquires interest in Australian mining tenements

Mar 04, 2014 - Vancouver-based Novo Resources has purchased a 70% interest in 103 separate tenements and tenements applications from Australia's Creasy Group,... Full Article

Engineering report: Multibillion-dollar Kitimat oil refinery project just another barrier to oilsands development

Mar 04, 2014 - According to the Canadian Fuels Association, it costs between $7 billion and $10 billion to build even a mid-size refinery, and that can take five ... Full Article

Increased M&A action providing light on resource horizon

Mar 04, 2014 - PwC’s 2014 deals outlook report says new mines increasing cash flow into the industry Full Article

Goldcorp, Osisko avoid court battle over hostile bid

Mar 03, 2014 - The ongoing dispute between Canadian miners Goldcorp (TSX:G) (NYSE:GG) and Osisko (TSX:OSK) will be kept outside courts, as both companies... Full Article

B.C. one of least attractive regions in Canada for mining investment

Mar 03, 2014 - British Columbia ranked 11th in Canada and 32nd globally in the Fraser Institute’s ranking of the most attractive jurisdictions for mining... Full Article

February B.C. land sale draws $25.38 million

Feb 28, 2014 - The British Columbia government collected $25.38 million at its February land sale the last week of February – which included a single bid... Full Article

B.C. oil rig operators busy as activity remains steady

Feb 28, 2014 - Rig Locator, which provides detailed information on drilling and service rigs in Canada, reported that 625 rigs were working across the Western... Full Article

New Prosperity mine rejected again but Taseko not giving up

Feb 27, 2014 - The federal government has once again rejected the proposed New Prosperity copper and gold mine near Williams Lake, but the company behind the... Full Article

Endeavour Silver announces reserves drop of 50%

Feb 27, 2014 - Vancouver-based Endeavour Silver (TSX:EDR) says its proven and probable reserves have dropped by 50% to 11.6 million ounces due to lower-than-... Full Article

Mining deals continue slump, but there may be light at end of the tunnel

Feb 26, 2014 - Deals in the global mining and metals industry continued their slide to a seven-year low in transaction volumes in 2013, EY announced February 26.... Full Article

Chinese company to acquire 20% interest in Eldorado project for US$40m

Feb 25, 2014 - Chinese fund management company CDH Investments will acquire a 20% interest in Eldorado Gold's (TSX:ELD) Eastern Dragon project for US$40 million, ... Full Article

Delta dairy to farm methane from waste for FortisBC

Feb 25, 2014 - Seabreeze the latest participant in energy company’s renewable natural gas program Full Article

Canadian producers to benefit from temporary bounce in gas prices

Feb 24, 2014 - It may be a few years yet before a liquefied natural gas industry pushes the price for Canadian natural gas back up to what it was a decade ago,... Full Article

Pan American Silver posts massive net loss in 2013

Feb 21, 2014 - Vancouver's Pan American Silver (TSX:PAA) posted a net loss of $293.1 million in 2013, attributable in most part to an impairment charge on its... Full Article

B.C. Budget 2014: De Jong uses speech to introduce LNG strategy

Feb 18, 2014 - Finance Minister Mike de Jong used today's budget speech to lay more groundwork for B.C.'s liquefied natural gas industry.... Full Article

NEB denies EPA’s Trans Mountain hearing extension request

Feb 18, 2014 - The National Energy Board (NEB) has rejected a request from the United States Environmental Protection Agency (EPA) for a two-week extension to... Full Article

Taseko gives $1.5M to new mental health facility at VGH

Feb 18, 2014 - A new mental health facility planned for Vancouver General Hospital received a $1.5 million donation on February 18 from Taseko Mines Ltd.... Full Article

Teck's profit takes a hit from commodity market slowdown

Feb 18, 2014 - Production up in 2013, but coal, copper and zinc prices all dropped in the fourth quarter Full Article

Baja Mining to de-list from TSX, join Venture Exchange

Feb 17, 2014 - Troubled Vancouver mining firm Baja Mining (TSX:BAJ) will de-list from the Toronto Stock Exchange and join the TSX Venture Exchange.... Full Article

Vancouver’s Lignol enters joint venture with Milio to produce biofuel

Feb 14, 2014 - Vancouver-based Lignol Energy Corporation (TSX-V: LEC) is getting into business with Milio International for a joint venture in Australia.... Full Article

Vancouver's Turquoise Hill shares plunge on Oyu Tolgoi mine update

Feb 14, 2014 - Shares in Vancouver-based Turquoise Hill Resources (TSE:TRQ) dropped close to 8% on Thursday after the operator of the massive Oyu Tolgoi mine in... Full Article

Teck Resources blames 44% profit decline on lower commodity prices

Feb 13, 2014 - Teck Resources Limited (TSX: TCK.A) is blaming a big decline in commodity prices such as coal and copper for a plunge in its fourth-quarter... Full Article

New Prosperity mine critics travel from Northern B.C. to lobby Ottawa

Feb 13, 2014 - A week after supporters of the New Prosperity mine made their case in Ottawa, opponents have travelled to the nation's capital to lobby against... Full Article

Rio Tinto selling Kitimat wharf and land to LNG Canada

Feb 12, 2014 - One of the world’s largest mining companies is in talks with LNG Canada to sell or lease a wharf and its attached land at its port facility... Full Article

NASA begins accepting applications from private firms to mine the Moon

Feb 11, 2014 - In what can be considered giant leap towards mining minerals from the moon, the US National Aeronautics and Space Administration (NASA) has...... Full Article

Shares at Vancouver-based mining firm soar amid takeover bid

Feb 11, 2014 - Shares for a Vancouver-based mining company have taken a considerable jump the past two days after a larger Canadian firm announced plans over the ... Full Article

Vancouver-based mining company gets Chinese government approval for new plant

Feb 11, 2014 - A Vancouver-based mining company is one step closer to setting up a new plant in China following Beijing's approval for plans to build another... Full Article

Province and City of Vancouver seek intervener status in Kinder Morgan pipeline review

Feb 07, 2014 - The Province of British Columbia and the City of Vancouver have added their names to a growing list of interveners in the National Energy Board's... Full Article

Kinder Morgan now interested in alternative Burnaby pipeline route

Feb 07, 2014 - With nine days left to apply as an intervenor in Kinder Morgan’s pipeline hearing, the company has quietly shifted its preference to the... Full Article

EY’s Canadian Mining Eye Index down 45% in 2013

Feb 06, 2014 - There’s been little, if any, good news for the Canadian mining industry in 2013. Costly write-downs and volatile commodity prices have... Full Article

Gas prices soared in January as temperatures plummeted

Feb 06, 2014 - Frigid weather across North America drove up natural gas prices in January with AECO spot prices above $4 per gigajoule for the first time in four ... Full Article

Silver Standard to buy Marigold Mine for $275 million

Feb 05, 2014 - Vancouver's Silver Standard Resources Inc. (TSX:SSO) will purchase the Marigold Mine, a long-producing deposit owned by Goldcorp Inc. (TSX:G) and... Full Article

Goldcorp not giving up as hostile takeover bid for Osisko hits legal roadblock

Feb 05, 2014 - The hostile takeover bid by Goldcorp Inc. (TSX:G) for Osisko Mining Corp. (TSX:OSK) suffered a setback February 4, when a Quebec court granted... Full Article

Luna Gold announces $20 million financing

Feb 03, 2014 - Vancouver-based Luna Gold Corp. (TSX:LGC) has reached a $20 million deal with syndicate of underwriters, the company announced February 3.... Full Article

Site C evaluation process has been unfair: First Nations

Jan 28, 2014 - First Nations say they have found themselves in a David and Goliath battle when it comes to participating in and evaluating a BC Hydro plan to... Full Article

Bright prospects for Solaris in Canada’s energy sector

Jan 28, 2014 - Surrey company receives business excellence award for its energy infrastructure work in Alberta and northeast British Columbia Full Article

Province extends mineral tax credit through 2014

Jan 27, 2014 - Premier Christy Clark announced on January 27 that British Columbia's mineral exploration tax credit would be extended for 2014.Clark made the... Full Article

Sabina Gold & Silver submits draft environmental plan for Back River

Jan 23, 2014 - Vancouver-based Sabina Gold & Silver (TSX:SBB) is one step closer to developing its large-scale Back River gold project in Nunavut.... Full Article

District of Taylor finalizes Site C agreement with BC Hydro

Jan 23, 2014 - The document has been signed and the ink has dried on the community agreement reached between the District of Taylor, located in northeaster... Full Article

Kinder Morgan pipeline remains contentious issue: poll

Jan 22, 2014 - British Columbians are split nearly down the middle on whether they support or oppose Kinder Morgan's proposal to twin its existing Trans Mountain ... Full Article




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