Resources & Agriculture

Shares for a Vancouver-based mining company have taken a considerable jump the past two days after a larger Canadian firm announced plans over the weekend to buy the exploration company in a deal worth $540 million.

Northern Gateway touted as major revenue and job generator over the next 30 years

Vancouver-based Interfor (TSX:IFP.A) made the jump to North America's fifth largest lumber company this week in announcing a cash-and-shares agreement to purchase two sawmills and a remanufacturing plant in the U.S. South.

The Province of British Columbia and the City of Vancouver have added their names to a growing list of interveners in the National Energy Board's (NEB) review of Kinder Morgan's proposed Trans Mountain pipeline expansion.

With nine days left to apply as an intervenor in Kinder Morgan’s pipeline hearing, the company has quietly shifted its preference to the secondary Burnaby routing option announced last summer.

Frigid weather across North America drove up natural gas prices in January with AECO spot prices above $4 per gigajoule for the first time in four years while heavy oil prices continued to strengthen.

There’s been little, if any, good news for the Canadian mining industry in 2013. Costly write-downs and volatile commodity prices have plagued the beleaguered sector for the past 12 months.

The hostile takeover bid by Goldcorp Inc. (TSX:G) for Osisko Mining Corp. (TSX:OSK) suffered a setback February 4, when a Quebec court granted Osisko's application to sue Goldcorp for allegedly misusing confidential information.

Vancouver's Silver Standard Resources Inc. (TSX:SSO) will purchase the Marigold Mine, a long-producing deposit owned by Goldcorp Inc. (TSX:G) and Barrick Gold Corp. (TSX:ABX), for $275 million.

IPP study inconclusive, but Pacific Salmon Foundation confident environmental risks are low