Met coal glut takes its toll on B.C. mines and ports

Jul 22, 2014 - S&P downgrades Walter Energy’s credit rating, points to ‘unsustainable’ debt    Full Article


Most Popular Mining and Energy News »

1

Mongolia expands its resource exploration options

Jul 14, 2014 - But olive branch to resource industry might not be enough to lure investors, miners Full Article

2

Co-operation accord underscores China’s global

Jun 23, 2014 - Deal signed in Vancouver at international gold summit could increase investment in B.C.’s resource... Full Article

3

Pipelines could be twin dilemma for companies

Jun 24, 2014 - Building two projects at the same time could drive labour costs into the stratosphere for Enbridge and Kinder ... Full Article



All Mining and Energy

Northern Dynasty-backed mine may be blocked by little-known U.S. EPA regulation

Jul 21, 2014 - The United States Environmental Protection Agency is proposing to invoke a little used provision that may block Pebble Mine – an proposed... Full Article

Innovation challenges open doors for B.C. cleantech companies

Jul 18, 2014 - The resource industry is a tough nut to crack, according to Neil Huff. Full Article

NEB Trans Mountain decision delayed by proposed route revision

Jul 16, 2014 - Trans Mountain Pipeline ULC says it will be considering the implications of National Energy Board changes to the regulatory schedule which will... Full Article

Fort St. John will need 'more of everything'

Jul 15, 2014 - Fossil fuel energy industry jump-starts rapid growth in city of 18,000 Full Article

National Energy Board’s TransMountain decision will be delayed by seven months

Jul 15, 2014 - A National Energy Board decision on Kinder Morgan Canada’s proposed TransMountain expansion will be delayed by seven months after the board... Full Article

BC Nature files legal challenge against Enbridge's Northern Gateway pipeline

Jul 14, 2014 - A West Coast conservation organization has joined other environmental and First Nations groups in battling the approval of Enbridge’s... Full Article

District of Hudson's Hope wants Site C review

Jul 11, 2014 - The District of Hudson’s Hope wants Premier Christy Clark to send the proposed Site C dam to the British Columbia Utilities Commission to... Full Article

An LNG tax could derail the industry before it gets started: U of C

Jul 11, 2014 - The prospect for Canadian LNG landing in Asia Pacific is viable, but timing is critical and several factors, such as a planned "LNG tax" in... Full Article

First Quantum Minerals resumes construction at Cobre Panama following labour dispute

Jul 10, 2014 - First Quantum Minerals (TSX:FM) has resumed construction at its massive US$6.4 billion copper-gold-silver Cobre Panama project, following a labour ... Full Article

Huu-Ay-Aht First Nations signs project agreement with Steelhead LNG

Jul 08, 2014 - Steelhead LNG Corp. and the Huu-ay-aht First Nations (HFN) announced July 8 they have signed an opportunity development agreement that will see... Full Article

Taseko Mines remains positive about its New Prosperity gold and copper project

Jul 08, 2014 - Taseko Mines (TSX:TKO) has expressed optimism about its twice-rejected New Prosperity gold and copper project in the wake of a landmark Supreme... Full Article

Sandstorm Gold CEO says acquisitions remain a possibility

Jul 07, 2014 - One of the youngest and most dynamic executives in the mining industry today is Nolan Watson, 34, founder and CEO of Sandstorm Gold (TSX:SSL), a... Full Article

TSX short position report as of June 30, 2014

Jul 07, 2014 - Short positions outstanding at June 30/14 (with changes from June 15/14). ... Full Article

B.C. government wants more pipeline answers from Kinder Morgan

Jul 04, 2014 - The B.C. government isn’t happy with the answers it’s getting from Kinder Morgan and has requested deadline extension for the next... Full Article

‘No LNG exports, no growth’ in Western Canada’s natural gas industry: expert

Jul 04, 2014 - Western Canada’s natural gas production will grow by about 5 billion cubic feet (bcf) a day by 2022 if at least the equivalent amount of LNG ... Full Article

Barrick Gold putting its Golden Sunlight mine up for sale

Jul 04, 2014 - Barrick Gold (TSX:ABX), the world’s largest producer of the precious metal, is reportedly ready to offload its aging Golden Sunlight mine in ... Full Article

Half of B.C. residents would say “No” to Northern Gateway

Jul 02, 2014 - Support for the controversial Northern Gateway project has fallen in British Columbia. Full Article

One man's trash is another man's treasure

Jul 01, 2014 - Amerigo Resources expands in Chile, turning copper mine waste into valuable concentrate Full Article

Vancouver’s Veris Gold bids adieu to more personnel amid bankruptcy woes

Jun 30, 2014 - Embattled Veris Gold (TSX:VG), which was granted creditor protection from the B.C. Supreme Court in early June, is undergoing further... Full Article

Tags: Nevada Mining

Avanti Mining's Kitsault project gets environmental approval

Jun 30, 2014 - Avanti Mining (TSX-V:AVT) has received environmental approval from the federal government for its Kitsault molybdenum mining project, the miner... Full Article

Northern Gateway leader Janet Holder still confident about project

Jun 27, 2014 - Enbridge Northern Gateway pipeline project leader Janet Holder is still confident the controversial project can begin construction in 2015 as... Full Article

Teck Resources nearly doubles tonnage of hazardous waste recycled in 2013: report

Jun 27, 2014 - In addition to reduced profits in 2013 — when profits dropped to $1 billion compared with $1.8 billion the year prior —... Full Article

Expert cautions B.C. against proposed ‘two-tier’ LNG income tax

Jun 27, 2014 - The B.C. government must tread carefully on its "tax talk" as it attempts to develop an LNG industry in the province, according to an industry... Full Article

Vancouver's First Quantum Minerals shuts down Panama mining project amid labour dispute

Jun 27, 2014 - First Quantum Minerals (TSE:FM) has shut down a mining project in Panama amidst a labour dispute with construction workers in the Central American ... Full Article

Pipelines could be twin dilemma for companies

Jun 24, 2014 - Building two projects at the same time could drive labour costs into the stratosphere for Enbridge and Kinder Morgan, analysts say Full Article

Turquoise Hill stocks drop after Mongolia claims Vancouver miner owes taxes

Jun 23, 2014 - Stocks in Turquoise Hill Resources (TSX: TRQ) were dropping during morning trading hours June 23 and continued to slide through June 24 following... Full Article

AltaGas pushes forward with development of regional LNG facilities in B.C.’s Interior

Jun 23, 2014 - British Columbia Premier Christy Clark and AltaGas Ltd. executive vice-president of corporate development John Lowe signed a letter of intent... Full Article

Tags: Natural Gas

Trans Mountain poised to finish first ahead of Northern Gateway in pipeline race: Wood Mac

Jun 23, 2014 - In Canada’s four-way bitumen pipeline race, Trans Mountain will finish first, Northern Gateway will finish last and either Keystone XL or... Full Article

Sale of Vancouver’s Augusta Resource to HudBay gets the go-ahead

Jun 23, 2014 - After four months of fruitless attempts to acquire fellow Canadian Augusta Resource Corp. (TSX:AZC), Hudbay Minerals (TSX, NYSE:HBM) said June... Full Article

Co-operation accord underscores China’s global gold market ambitions

Jun 23, 2014 - Deal signed in Vancouver at international gold summit could increase investment in B.C.’s resource sector Full Article

China’s biggest gold mining company sets up operations in Vancouver

Jun 20, 2014 - China's largest gold mining company, China National Gold, is officially setting up shop in junior mining hub Vancouver this week as part of a push ... Full Article

Guatemalan mine protesters file suit against Tahoe

Jun 18, 2014 - Seven Gualtemalan citizens who claim they were shot last year by security guards employed by Vancouver headquartered mining company Tahoe... Full Article

Kinder Morgan focusing on Trans Mountain pipeline plans in wake of Northern Gateway decision

Jun 18, 2014 - Kinder Morgan is keeping an eye on Enbridge’s newly approved Northern Gateway Project, but the company says it will focus on its own... Full Article

Northern Gateway won’t affect refinery plans, says David Black

Jun 18, 2014 - The federal government’s conditional approval of Enbridge’s Northern Gateway pipeline neither helps nor hurts his plans to build a... Full Article

First Quantum to buy Lumina Copper in $470m deal

Jun 18, 2014 - First Quantum Minerals (TSE:FM) sank 1.89% to $21.25 after saying Tuesday it will buy Ross Beaty's Lumina Copper (CVE:LCC) in a deal valued... Full Article

Enbridge's Northern Gateway pipeline gets green light from Ottawa (updated)

Jun 17, 2014 - Ottawa gave Enbridge Inc. (TSX:ENB) the green light June 17 to build a 1,177 kilometre twin pipeline between Bruderheim Alberta and Kitimat, B.C.... Full Article

B.C. heavy industries jolted by power rate hikes

Jun 17, 2014 - Major Hydro customers say price jumps of 28% over five years will put them out of business Full Article

Refineries need to secure investors and social licence

Jun 17, 2014 - David Black welcomes competing oil refinery proposal as validation of his $21 billion plan Full Article

Mining executives bullish on industry's outlook following major slide in 2013

Jun 16, 2014 - Despite a massive drop in mining profits in 2013, a new survey reveals industry executives are becoming more bullish on the strength of the sector ... Full Article

Tags: Mining

Woodfibre LNG proponents reject offshore site near Squamish, push for land-based facility

Jun 13, 2014 - The proponents of the Woodfibre liquefied natural gas (LNG) plant have rejigged the project from one based offshore to one located onshore.... Full Article

Copper Mountain mine workers reject union

Jun 13, 2014 - An attempt to organize mine workers at the Copper Mountain mine near Princeton, British Columbia has failed. Full Article

Yukon gold mine for sale for $2m – or 3,000 Bitcoin

Jun 13, 2014 - A mine located in Canada's historic Yukon gold belt is on sale for more than 3,000 bitcoins, or $2 million at current prices —the very first ... Full Article

Tags: Mining Bitcoin

Politicians and business leaders urge approval of Northern Gateway

Jun 12, 2014 - A group of politicians and business leaders have written an open letter in support of Enbridge’s proposed Northern Gateway pipeline.... Full Article

Pacific Future Energy proposes $10-billion "green" refinery along B.C. coast

Jun 10, 2014 - Billed as the world’s greenest refinery, a B.C. group is pushing for a $10-billion facility along the province’s northern coast it... Full Article

$5.3 billion B.C. gold mine faces major obstacles

Jun 10, 2014 - Low gold prices, remote location make KSM project economically challenging, analysts say Full Article

Osisko Mining receives court approval for friendly $3.9b deal with Agnico Eagle Mines and Yamana Gold

Jun 10, 2014 - A friendly deal that will see 100% of the shares of Osisko Mining Corp. (TSX:OSK) acquired by Agnico Eagle Mines (TSX:AEM) and Yamana Gold... Full Article

B2Gold to buy Australia’s Papillon Resources for $570 million

Jun 09, 2014 - B2Gold Corp. is buying Papillon Resources, which is based in Perth, Australia, and is focused on developing its Fekola mine project in Mali, for... Full Article

Clock is ticking on Enbridge’s Northern Gateway pipeline decision

Jun 09, 2014 - After being conditionally approved in December, the federal cabinet was given 180 days to announce its final decision on Enbridge’s... Full Article

Teck declines to build $260-million wastewater pipeline, pays $8-million penalty

Jun 05, 2014 - Opting not to build a $260-million pipeline that would direct wastewater from an Alaskan mine into the Arctic Ocean, Teck Resources (TSX:TCK) is... Full Article

Tags: Mining

Mining profits hit lowest level in 10 years, down 72% in last year

Jun 05, 2014 - The world's top 40 mining companies have seen profits plummet by a shocking 72% in the last 12 months, hitting the lowest level in ten years,... Full Article

Is it actually possible for Kinder Morgan to drill through Burnaby Mountain?

Jun 05, 2014 - While tension is mounting between Kinder Morgan and the city over access to Burnaby Mountain to assess the routing possibilities, the Burnaby Now... Full Article

Avanti Mining signs agreement with First Nations group over $1b Kitsault mine

Jun 04, 2014 - Avanti Mining Inc. (TSX-V:AVT) has entered into an agreement with the Nisga’a Nation regarding the mining company’s proposed $1... Full Article

TransCanada moving forward on $1.9b Merrick Mainland project

Jun 04, 2014 - NOVA Gas Transmission Ltd. (NGTL) has signed agreements with Chevron Canada Limited and a partnership wholly owned and controlled by Apache Canada ... Full Article

In open letter, 300 scientists urge Canada to reject Northern Gateway

Jun 03, 2014 - Three hundred scientists from across Canada have signed an open letter to Prime Minister Harper urging him to reject Enbridge’s Northern... Full Article

Plenty of room at the Inn in Dawson Creek

Jun 03, 2014 - Work camps, ‘shadow populations’ a growing concern for northern B.C. businesses Full Article

Coloured diamonds poised to appreciate significantly as supply dries up, says gem broker

Jun 02, 2014 - Diamonds are no longer just a girl’s best friend, according to one Vancouver rare gem broker. Full Article

Vancouver's Boss Power closes on $30-million settlement with province over uranium ban

Jun 02, 2014 - A Vancouver-based resource company has closed on a $30-million settlement with the B.C. government, officially putting to bed a nearly six-year-... Full Article

Vancouver’s Timmins Gold faces major board upheaval from shareholder

Jun 02, 2014 - One of the primary shareholders at Vancouver-based Timmins Gold Corp. (TSX: TMM) is pushing for a major shakeup at the higher echelons of the West ... Full Article

BC Hydro switches on $170-million transmission line and substation in Vancouver

May 30, 2014 - A new transmission line and substation project worth $170 million is now powering the grid in the City of Vancouver following four years of... Full Article

Canada's high-cost oil and gas needs a competitive game plan: report

May 30, 2014 - Canadian oil and gas companies will be competing head to head with lower-cost energy producers in the near future, and the country needs a better... Full Article

Former deputy minister named new CEO for BC Hydro

May 29, 2014 - Gordon Campbell’s former deputy minister, Jessica McDonald, has been named the new CEO of BC Hydro. Full Article

Province's chambers pass pro-pipeline policy

May 29, 2014 - The chambers of commerce across the province have passed a policy that calls on the British Columbia government to maintain full support behind... Full Article

Trans Mountain pushes for deadline extension to respond to intervenors

May 28, 2014 - Kinder Morgan’s (NYSE:KMI) proposed Trans Mountain pipeline project is asking the National Energy Board (NEB) to postpone a deadline to... Full Article

Drop in price of gold hits mining stocks

May 28, 2014 - The price of gold slid more than $25 or over 2% an ounce May 27 to a day low o $1,263 an ounce, levels last seen early February.... Full Article

Alderon Iron Ore gets approval for $1b Labrador mine

May 27, 2014 - Shares of Vancouver’s Alderon Iron Ore Corp (TSX:ADV) jumped 7% to $1.35 after receiving the final go-ahead for its Kami project from the... Full Article

First Nations group questions Site C Review Panel conclusion in new study

May 27, 2014 - A study commissioned by the Treaty 8 Tribal Association is questioning the Site C Joint Review Panel’s recently announced conclusion that... Full Article

B.C. risks scaring away LNG investors: Petronas CEO

May 27, 2014 - A second wave of investors has already ‘shied away’ from Australia Full Article

B.C.'s LNG 'opportunity is somewhat limited': expert

May 26, 2014 - British Columbia is well-positioned to compete in the global LNG marketplace, but there are significant challenges that must be tackled before... Full Article

Tags: Natural Gas

Concerns over endangered animals deal blow to Vancouver’s Augusta mining firm

May 26, 2014 - Backers of Augusta Resource Corp (TSE:AZC) (NYSE MKT:AZC) in its fight against hostile takeover bidder Hudbay Minerals (TSE:HBM) has suffered... Full Article

Canadian law firms sue Barrick over troublesome South American project

May 23, 2014 - A group of Canadian law firms are pursuing a class action against Barrick Gold (TSX, NYSE:ABX) and a few of its current and former senior... Full Article

Tags: Mining

B.C. provides $3M for mine, geothermal exploration near Prince George

May 22, 2014 - A heretofore underexplored region west of Prince George will see enhanced geological surveying, thanks to $3 million in new funding from the B.C.... Full Article

Japanese company to open LNG transport tank container business in Vancouver

May 22, 2014 - Hitachi High-Technologies Corporation and Air Water Plant & Engineering Inc have agreed to operate a manufacturing and sales business in... Full Article

Petronas CEO warns BC against 'unrealistic expectations' on LNG

May 21, 2014 - The B.C. government’s annual three-day LNG Conference opened May 21 in the shadow of an announcement that Russia had signed a $400 billion,... Full Article

Ivanhoe inks $125 million bought deal with Canadian banks

May 20, 2014 - Three major Canadian banks are backing two mines that Ivanhoe Mines Ltd. (TSX:IVN) plans to build in the Democratic Republic of Congo (DRC) with... Full Article

Increase in mining deals predicted this year

May 20, 2014 - Upbeat news for the mining industry keep piling up, with most major research groups including PwC and E&Y, predicting a significant increase... Full Article

LNG competitiveness in B.C. depends on five factors: EY

May 20, 2014 - Before British Columbia’s LNG dreams can become a reality, there are five factors that must be addressed, according to an EY report released ... Full Article

LNG projects could generate $200 billion in investment in B.C., EY estimates

May 20, 2014 - U.S. and Australia have a head-start in the global race to dominate market, LNG conference speakers warn Full Article

Ivanhoe considers spinning out new mine company

May 16, 2014 - Vancouver miner Ivanhoe Mines Ltd. (TSX:IVN) is considering spinning a more well-financed mine asset in South Africa off into a separate publicly... Full Article

B.C. LNG proponents told to engage early with First Nations, regulators

May 16, 2014 - The first challenge for proponents of liquefied natural gas (LNG) facilities on the West Coast of British Columbia will be stick-handling... Full Article

Anti-coal group sues B.C. government over Texada project

May 15, 2014 - An environmental advocacy group has launched a lawsuit against British Columbia’s Ministry of Energy and Mines and Texada Quarries,... Full Article

New pipeline spill regulations put firm price on cleanup

May 15, 2014 - Just one day after Ottawa announced new regulations for managing marine oil spills, it announced a new set of rules May 15 for land-based spills... Full Article

Feds tighten rules for oil spill cleanup

May 15, 2014 - The federal government has announced new regulations related to oil-carrying tanker ships. Full Article

Proposed Squamish LNG facility commits to going electric

May 14, 2014 - If a liquefied natural gas (LNG) processing and export facility is built on the site of the old Woodfibre pulp mill, its refrigerant compressors... Full Article

Trans Mountain application filled with 'significant gaps': Vancouver city staff

May 13, 2014 - The application for Kinder Morgan’s (NYSE:KMI) proposed expansion of the Trans Mountain pipeline is filled with "significant gaps" when it... Full Article

City of Burnaby threatens to withhold emergency services to Kinder Morgan in the event of an oil spill

May 13, 2014 - The city of Burnaby continues to oppose Texas-based Kinder Morgan’s (NYSE:KMI) Trans Mountain pipeline expansion, threatening to withhold... Full Article

B.C. government wants Kinder Morgan ‘to provide more detail’ on oil-response plans

May 12, 2014 - The B.C. government has told Kinder Morgan it wants more details about the oil company’s response plans in the event of a spill along the... Full Article

Tribunal set for multimillion-dollar dispute between Vancouver's Pacific Rim Mining and El Salvador

May 12, 2014 - A multi-year legal tangle between the government of El Salvador and Vancouver-based Pacific Rim Mining is expected to be settled next year.... Full Article

Treaty 8 First Nations buoyed by Site C dam report

May 09, 2014 - First Nations that would be adversely affected by the Site C dam are reading a joint review report on the project in a favourable light.... Full Article

Apache cuts budget for Kitimat LNG project in 2014

May 09, 2014 - Apache Corporation (NYSE:APA) is reducing its net spending in the Kitimat LNG project for 2014, and is continuing discussions with several parties ... Full Article

Tags: Kitimat

BC Utilities Commission should have say on Site C: review panel

May 08, 2014 - A joint review panel of provincial and federal environment ministries studying environmental impacts of the proposed $8 billion Site C dam has... Full Article

New silver mine now generating income for Tahoe Resources

May 08, 2014 - A Vancouver junior miner with an impeccable pedigree – Tahoe Resources Inc. (TSX:THO) – is reporting its first ever cash-positive... Full Article

Mongolia preparing to return mining licences, end its dispute with Turquoise Hill

May 07, 2014 - Mongolia is preparing to overturn last year’s cancellation of more than 100 mining licenses following a corruption investigation, in a... Full Article

Enbridge posts jump in earnings amid First Nations' threat to fight Northern Gateway

May 07, 2014 - Canada's biggest energy transport company Enbridge (TSX, NYSE:ENB) posted a 56% jump in first-quarter earnings May 7, driven by "solid" operating... Full Article

Companies rush to stake claims in the Sheslay Valley

May 06, 2014 - Drilling hints at world-class gold-copper deposit in northwestern B.C. Full Article

Streaming success: buying metals not mines

May 06, 2014 - More small companies are cutting precious metal deals with sector giants to bankroll new projects without surrendering equity Full Article

‘Dirty oil’ muddies waters of pipeline debate

May 06, 2014 - Opposition to Trans Mountain expansion is more about the pace of oilsands development than it is about pipeline safety, says environmental lawyer Full Article




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