Resources & Agriculture

Quality over quantity the new mantra as native band companies increasingly take charge of forest industry on Haida Gwaii archipelago

The British Columbia government will not have an agreement on taxation of liquefied natural gas (LNG) for at least another month, natural gas minister Rich Coleman said today in a press conference.

British Columbia’s global ranking for having policies that attract oil and gas investment has slipped, due in large part to political uncertainty over land claims, taxation and environmental regulations, announced the Fraser Institute November 18 in its annual Global Petroleum Survey.

Flexibility required from businesses, government, First Nations, community stakeholders needed to ensure the province prospers

Mining boss makes sure Goldcorp stays 'nimble' to endure the cycles of the industry

Vancouver’s Turquoise Hill (TSX:TRQ) has suspended work on its Oyu Tolgoi project in Mongolia and said it will move forward with a $2.4 billion rights offering, as financing arrangements with the Mongolian government have so far failed.

Vancouver-based Goldcorp (TSX:G)(NYSE:GG) and Canadian miner Barrick Gold (TSX:ABX)(NYSE:ABX), the world’s largest producers of the precious metal, have hired Bank of Montreal to sell their jointly owned Marigold mine in Nevada, Bloomberg reports.

Vancouver's Imperial Metals (TSX:III), operator of three producing mines and the proponent behind the highly anticipated Red Chris copper-gold project in northwest British Columbia, had a good third quarter.

The British Columbia government attracted $54.5 million at its monthly natural gas and petroleum sale, powered by a large bonus bid of $42.41 million as producers keep pushing the boundaries of the Montney.

Construction is set to begin on a biomass-fueled electricity generating facility located near Fort St. James as financing has been secured for the $235 million project, which was awarded a 30-year contract to sell power to BC Hydro in March 2012.