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Resources & Agriculture

Teck declines to build $260-million wastewater pipeline, pays $8-million penalty

Teck declines to build $260-million wastewater pipeline, pays $8-million penalty

Opting not to build a $260-million pipeline that would direct wastewater from an Alaskan mine into the Arctic Ocean, Teck Resources (TSX:TCK) is paying the U.S. government an $8-million penalty.
Mining profits hit lowest level in 10 years, down 72% in last year

Mining profits hit lowest level in 10 years, down 72% in last year

The world's top 40 mining companies have seen profits plummet by a shocking 72% in the last 12 months, hitting the lowest level in ten years, reveals PwC's latest annual report on the global mining sector.
Is it actually possible for Kinder Morgan to drill through Burnaby Mountain?

Is it actually possible for Kinder Morgan to drill through Burnaby Mountain?

While tension is mounting between Kinder Morgan and the city over access to Burnaby Mountain to assess the routing possibilities, the Burnaby Now is asking: Can Kinder Morgan actually drill through Burnaby Mountain? A report commissioned by the compa
TransCanada moving forward on $1.9b Merrick Mainland project

TransCanada moving forward on $1.9b Merrick Mainland project

NOVA Gas Transmission Ltd. (NGTL) has signed agreements with Chevron Canada Limited and a partnership wholly owned and controlled by Apache Canada Ltd. for approximately 1.9 billion cubic feet (bcf) per day of firm natural gas transportation services in northeastern British Columbia.
Avanti Mining signs agreement with First Nations group over $1b Kitsault mine

Avanti Mining signs agreement with First Nations group over $1b Kitsault mine

Avanti Mining Inc. (TSX-V:AVT) has entered into an agreement with the Nisga’a Nation regarding the mining company’s proposed $1 billion Kitsault Molybdenum Mine Project.
In open letter, 300 scientists urge Canada to reject Northern Gateway

In open letter, 300 scientists urge Canada to reject Northern Gateway

Three hundred scientists from across Canada have signed an open letter to Prime Minister Harper urging him to reject Enbridge’s Northern Gateway pipeline.
Plenty of room at the Inn in Dawson Creek

Plenty of room at the Inn in Dawson Creek

Work camps, ‘shadow populations’ a growing concern for northern B.C. businesses
Vancouver’s Timmins Gold faces major board upheaval from shareholder

Vancouver’s Timmins Gold faces major board upheaval from shareholder

One of the primary shareholders at Vancouver-based Timmins Gold Corp. (TSX: TMM) is pushing for a major shakeup at the higher echelons of the West Coast resource company.
Coloured diamonds poised to appreciate significantly as supply dries up, says gem broker

Coloured diamonds poised to appreciate significantly as supply dries up, says gem broker

Diamonds are no longer just a girl’s best friend, according to one Vancouver rare gem broker.
Vancouver's Boss Power closes on $30-million settlement with province over uranium ban

Vancouver's Boss Power closes on $30-million settlement with province over uranium ban

A Vancouver-based resource company has closed on a $30-million settlement with the B.C. government, officially putting to bed a nearly six-year-old lawsuit.