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Resources & Agriculture

Proposed B.C. LNG plant to include floating liquefaction storage vessel

Proposed B.C. LNG plant to include floating liquefaction storage vessel

Alberta-based Triton LNG Limited Partnership's proposed Kitimat LNG plant is expected to include a floating liquefaction storage and offloading (FLSO) vessel, with two liquefaction trains, according to the Daily Oil Bulletin.
Improved production at Copper Mountain mine spurs jump in Q3 profit

Improved production at Copper Mountain mine spurs jump in Q3 profit

Copper Mountain Mining's (TSX:CUM) net profit grew steadily in 2013's third quarter compared with the same period last year, the company announced October 30.
West Fraser reports weaker earnings in Q3

West Fraser reports weaker earnings in Q3

Lower lumber prices meant weaker earnings results for West Fraser Timber (TSX:WFT), which released its third quarter results October 28.
B.C. business council pushes Clean Energy Act overhaul

B.C. business council pushes Clean Energy Act overhaul

BCBC sees bureaucratic backlogs, climate targets as fossil fuel development roadblocks
B.C. must act quickly to capture LNG market share: report

B.C. must act quickly to capture LNG market share: report

Plans to export LNG from B.C. to Asia could establish the province as a global supplier, but both the province and industry must move quickly and aggressively to beat out the competition and capture market share in Asia, according to recent research from the Canada West Foundation.
West Fraser, Canfor to close Interior mills

West Fraser, Canfor to close Interior mills

Pine beetle devastation leaves companies with wood shortfall
B2Gold acquires Volta Resources in US$63 million deal

B2Gold acquires Volta Resources in US$63 million deal

After Vancouver-based mid-tier gold producer B2Gold Corp. (TSX:BTO) raised US$259 million in debt financing last summer, mining analysts and investors questioned whether the company was eyeing a large-scale purchase.
Ultra Lithium signs $2m letter of intent for South Big Smoky Valley joint venture

Ultra Lithium signs $2m letter of intent for South Big Smoky Valley joint venture

Ultra Lithium Inc. (ULI) (TSX-V:ULI) signed a non-binding letter of intent October 28 for a joint venture with China-based CCG Mining Inc. for a joint venture to explore and develop ULI's South Big Smoky Valley claims in Nevada.
Teck reports drop in profits

Teck reports drop in profits

Teck Resources Ltd. (TSX:TCK) announced third quarter profits of $252 million ($0.44 per share) October 24 – a 40% drop compared with Q3 2012’s profits of $425 million ($0.73 per share).
Global exploration budget to fall 29% by end of the year

Global exploration budget to fall 29% by end of the year

Total global budget for nonferrous metals exploration dropped to $15.2 billion in 2013 from $21.5 billion in 2012, a 29% decrease likely to remain the same until the end of the year, according to preliminary results from SNL Metals Economics Group’s latest report.