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Resources & Agriculture

Gas prices soared in January as temperatures plummeted

Gas prices soared in January as temperatures plummeted

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 years while heavy oil prices continued to strengthen.
EY’s Canadian Mining Eye Index down 45% in 2013

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

There’s been little, if any, good news for the Canadian mining industry in 2013. Costly write-downs and volatile commodity prices have plagued the beleaguered sector for the past 12 months.
Goldcorp not giving up as hostile takeover bid for Osisko hits legal roadblock

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

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 Osisko's application to sue Goldcorp for allegedly misusing confidential information.
Silver Standard to buy Marigold Mine for $275 million

Silver Standard to buy Marigold Mine for $275 million

Vancouver's Silver Standard Resources Inc. (TSX:SSO) will purchase the Marigold Mine, a long-producing deposit owned by Goldcorp Inc. (TSX:G) and Barrick Gold Corp. (TSX:ABX), for $275 million.
Impact of B.C. river power projects on fish unclear

Impact of B.C. river power projects on fish unclear

IPP study inconclusive, but Pacific Salmon Foundation confident environmental risks are low
Luna Gold announces $20 million financing

Luna Gold announces $20 million financing

Vancouver-based Luna Gold Corp. (TSX:LGC) has reached a $20 million deal with syndicate of underwriters, the company announced February 3.
Timing of Kitimat LNG investment decision will depend on gas contracts: Chevron CEO

Timing of Kitimat LNG investment decision will depend on gas contracts: Chevron CEO

The timing of a final investment decision (FID) on the Chevron Corp.-operated Kitimat LNG facility will hinge on the proponents being able to secure sufficient gas contracts at a fair price, the CEO of the California-based company said January 31.
Sawmill probe points to conflicts between agencies in investigations

Sawmill probe points to conflicts between agencies in investigations

Critics say Canada's poor safety record linked directly to reluctance to use federal legislation
B.C. and Alberta publish recommendations for transporting oil to West Coast

B.C. and Alberta publish recommendations for transporting oil to West Coast

Improved public engagement through social media and consultations, inter-jurisdictional and cross-sector collaboration for spill prevention and response, as well as better engagement with First Nations – these are just some of the 24 recommendations made in a report examining crude transportation options to the West Coast.
Guide to aboriginal resource opportunities launched

Guide to aboriginal resource opportunities launched

AME BC publication aimed at promoting engagement between industry and First Nations