Resources & Agriculture

More than a dozen liquefied natural gas (LNG) projects are currently proposed for the British Columbia coast, competing for long-term supply contracts in Asia Pacific markets, but only a few are expected to be built. The race to reach final investment decisions to capture the opportunity depends on aligning regulatory authorizations, customers, labour, infrastructure and financing in time to justify a multibillion-dollar bet.

Vancouver miner Ivanhoe Mines Ltd. (TSX:IVN) is considering spinning a more well-financed mine asset in South Africa off into a separate publicly traded company, a move aimed at freeing up assets for its more financially challenged assets in the Democratic Republic of Congo.

The first challenge for proponents of liquefied natural gas (LNG) facilities on the West Coast of British Columbia will be stick-handling their projects through the myriad provincial, federal and municipal government regulations to obtain a permit, an LNG conference heard May 16.

The B.C. Supreme Court has quashed a Ministry of Forests decision to grant close to one million cubic metres of timber on northwest Vancouver Island to Western Forest Products without consulting a First Nation band.

Just one day after Ottawa announced new regulations for managing marine oil spills, it announced a new set of rules May 15 for land-based spills that will require pipeline operators to carry up to $1 billion in insurance to cover cleanup costs, regardless of who is at fault.

An environmental advocacy group has launched a lawsuit against British Columbia’s Ministry of Energy and Mines and Texada Quarries, challenging the legality of the ministry’s recent approval of a coal export expansion on Texada Island.

The federal government has announced new regulations related to oil-carrying tanker ships.

If a liquefied natural gas (LNG) processing and export facility is built on the site of the old Woodfibre pulp mill, its refrigerant compressors will run on electricity, according to officials.

CFO, BC Hydro

Lindsay Hall, executive vice-president and CFO, Goldcorp Inc.