Resources & Agriculture

Vancouver’s Turquoise Hill (TSX:TRQ) has suspended work on its Oyu Tolgoi project in Mongolia and said it will move forward with a $2.4 billion rights offering, as financing arrangements with the Mongolian government have so far failed.

Vancouver-based Goldcorp (TSX:G)(NYSE:GG) and Canadian miner Barrick Gold (TSX:ABX)(NYSE:ABX), the world’s largest producers of the precious metal, have hired Bank of Montreal to sell their jointly owned Marigold mine in Nevada, Bloomberg reports.

Vancouver's Imperial Metals (TSX:III), operator of three producing mines and the proponent behind the highly anticipated Red Chris copper-gold project in northwest British Columbia, had a good third quarter.

The British Columbia government attracted $54.5 million at its monthly natural gas and petroleum sale, powered by a large bonus bid of $42.41 million as producers keep pushing the boundaries of the Montney.

Construction is set to begin on a biomass-fueled electricity generating facility located near Fort St. James as financing has been secured for the $235 million project, which was awarded a 30-year contract to sell power to BC Hydro in March 2012.

Consolidation in British Columbia’s coastal forestry sector has put the squeeze on independent logging contractors, resulting in less investment in aging equipment and problems attracting workers, according to a study released November 12 by the Truck Loggers Association (TLA).

Despite the recent market upturn for forestry, the consequences of the mountain pine beetle epidemic continue to be felt in British Columbia’s Interior region.

Vancouver metals-streaming firm Silver Wheaton (TSX:SLW) recorded record silver production in 2013's third quarter, the company announced November 12.

British Columbia's burgeoning liquefied natural gas sector has a major new player.

Based on virtually all metrics of safety, whether environmental, occupational or residential, movement of oil and gas is safest via pipeline, less safe via rail and still less safe via roadway