Resources & Agriculture

Anti-coal group says coal mining has no 'social licence' to operate in the Comox Valley

Eldorado Gold Corp. (TSX:ELD, NYSE:EGO) saw a 7% dip in profit attributable to shareholders in 2013's second quarter compared with the same period last year, the company announced this morning (August 2).

The Tla-o-qui-aht (Clayoquot) First Nation will get $38,000 a year over 40 years as part of a revenue-sharing agreement on the Haa-ak-suuk Creek run-of-river power project.

Vancouver-based Methanex Corp. (TSX:MX) is investing in an Icelandic company that has developed a process for creating methanol from renewable energy sources, including geothermal – of which Iceland has an abundance – as well as wind, solar and hydro power.

Vancouver-based Turquoise Hill Resources (TSX:TRQ), operator of the massive Oyu Tolgoi mine in Mongolia, dropped 18% on the Toronto Stock Exchange Monday after controlling company Rio Tinto (LON:RIO) said its putting on hold a $5bn underground expansion of the mine, according to MINING.com.

Solid second-quarter earnings and a continued rebound in the U.S. housing market have prompted investment dealers Salman Partners Inc. to bump Canfor stock into a buy rating. The investment dealer had previously rated Canfor stock “under review.”

Drillers, frackers, camp builders, equipment haulers set to benefit from gas development

Teck’s and Liberty Metal’s massive investments a sign of groups finding quality projects

Clean energy industry argues that increased demand and an aggressive B.C. carbon tax will make independent power contracts in the province economical mining | Teck’s and Liberty Metal’s massive investments a sign of groups finding quality pro

Analysts' bullish pre-results calls rewarded with strong Q2 postings