Resources & Agriculture

Building two projects at the same time could drive labour costs into the stratosphere for Enbridge and Kinder Morgan, analysts say

After four months of fruitless attempts to acquire fellow Canadian Augusta Resource Corp. (TSX:AZC), Hudbay Minerals (TSX, NYSE:HBM) said June 23 the companies have agreed to friendly terms for a sweetened all-scrip takeover offer.

Stocks in Turquoise Hill Resources (TSX: TRQ) were dropping during morning trading hours June 23 and continued to slide through June 24 following the announcement the Mongolian government was investigating the Vancouver mining company for unpaid taxes associated with its Oyu Tolgoi project.

Canada’s largest dairy processor, Saputo (TSE:SAP), is once again accepting milk from the Chilliwack dairy farm where workers were recorded on camera abusing cattle.

In Canada’s four-way bitumen pipeline race, Trans Mountain will finish first, Northern Gateway will finish last and either Keystone XL or Energy East won’t get built.

Deal signed in Vancouver at international gold summit could increase investment in B.C.’s resource sector

British Columbia Premier Christy Clark and AltaGas Ltd. executive vice-president of corporate development John Lowe signed a letter of intent (LOI) to increase the use of liquefied natural gas (LNG) in the province.

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 into new markets and its global acquisition strategy.

Kinder Morgan is keeping an eye on Enbridge’s newly approved Northern Gateway Project, but the company says it will focus on its own plans to twin the Trans Mountain pipeline.

Seven Gualtemalan citizens who claim they were shot last year by security guards employed by Vancouver headquartered mining company Tahoe Resources Inc. (TSX:THO) have filed a civil suit against Tahoe in B.C. Supreme Court.