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Vancouver's Aurizon Mines bought for $796m by U.S. silver miner

Vancouver's Aurizon Mines bought for $796m by U.S. silver miner

U.S. silver producer Hecla Mining announced Monday that it is to buy Vancouver's Aurizon Mines (TSX:ARZ) for US$774 million ($796m) to gain control of a gold mine in Quebec, reports MINING.com .
Alberta, New Brunswick trounce B.C. on mining investment: report

Alberta, New Brunswick trounce B.C. on mining investment: report

Alberta and New Brunswick topped Canada’s list of top mining investment jurisdictions in Canada, according to a Fraser Institute report released yesterday.
Mining, energy sectors to reduce investment growth: TD Economics

Mining, energy sectors to reduce investment growth: TD Economics

Canada’s mining and oil and gas sectors plan to scale back investment in 2013, due to economic uncertainty and a widening gap between international and Canadian crude oil prices, TD Economics reports.
Nexen acquisition by China’s CNOOC finalized

Nexen acquisition by China’s CNOOC finalized

China now owns some prime real estate in Northeastern B.C.’s shale gas fields and a stake in the nascent LNG sector, with the acquisition of Nexen Inc. (TSX:NXY) by China National Offshore Oil Corp. (CNOOC).
B.C. announces $120m royalty rebate for LNG infrastructure

B.C. announces $120m royalty rebate for LNG infrastructure

The B.C. government will offer the gas industry $120 million in royalty credits to build the infrastructure needed to develop a liquefied natural gas industry.
Vanadium miner plugs into energy storage sector

Vanadium miner plugs into energy storage sector

Vancouver junior signs deal with German battery maker, plans vertical integration with the rapidly growing mass-storage power industry
Thompson Creek writes down $530m of Endako mine, posts Q4 loss

Thompson Creek writes down $530m of Endako mine, posts Q4 loss

Thompson Creek Metals Company Inc. (TSX:TCM; NYSE:TC) has written down $530.5 million of the value of its Endako molybdenum mine in B.C.’s northern interior.
Royalties and realities: LNG

Royalties and realities: LNG

B.C.'s anticipated gas mileage fading fast
After Oz: B.C. chasing arch rival in LNG race

After Oz: B.C. chasing arch rival in LNG race

The land Down Under already has three liquefied natural gas plants in production; B.C. has none
BC Hydro subsidiary on the hook for market manipulation in California

BC Hydro subsidiary on the hook for market manipulation in California

A U.S. Federal Energy Regulatory Commission (FERC) judge ruled last week that more than a dozen electricity wholesalers – including Powerex, a wholly owned subsidiary of BC Hydro – were guilty of market manipulation in California in 2000.