Resources & Agriculture

Industry stakeholders want government to create national aquaculture act

Shares of Vancouver’s Alderon Iron Ore Corp (TSX:ADV) jumped 7% to $1.35 after receiving the final go-ahead for its Kami project from the province of Newfoundland and Labrador.

A second wave of investors has already ‘shied away’ from Australia

British Columbia is well-positioned to compete in the global LNG marketplace, but there are significant challenges that must be tackled before exports start moving overseas, participants said at a conference in Vancouver that concluded May 23.

Backers of Augusta Resource Corp (TSE:AZC) (NYSE MKT:AZC) in its fight against hostile takeover bidder Hudbay Minerals (TSE:HBM) has suffered another setback.

A group of Canadian law firms are pursuing a class action against Barrick Gold (TSX, NYSE:ABX) and a few of its current and former senior executives, claiming they misrepresented how much risk the miner really faced when it kicked-off construction at the now shelved Pascua-Lama project in South America.

A heretofore underexplored region west of Prince George will see enhanced geological surveying, thanks to $3 million in new funding from the B.C. Ministry of Energy and Mines.

Hitachi High-Technologies Corporation and Air Water Plant & Engineering Inc have agreed to operate a manufacturing and sales business in Vancouver for tank containers for transporting LNG and related products.

The B.C. government’s annual three-day LNG Conference opened May 21 in the shadow of an announcement that Russia had signed a $400 billion, 30-year deal to supply natural gas to China – one of B.C.’s hoped for long-term liquefied natural gas customers.

A coffee bean-killing fungus that has spread across Central America likely won’t have an impact on prices this year, but starting in 2015, coffee drinkers in British Columbia could be paying a higher price for Americanos and lattes.