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Resources & Agriculture

B.C. to shell out $750m as Powerex settles out of court with California

B.C. to shell out $750m as Powerex settles out of court with California

B.C. taxpayers will be on the hook for $750 million as a result of Powerex, BC Hydro's power trading arm, agreeing to an out-of-court settlement with the State of California and California utilities over alleged market manipulation during the 2000-01 energy crisis.
Vancouver to host national coal conference next month

Vancouver to host national coal conference next month

Vancouver will play host to the 2013 Coal Association of Canada (CAC) conference and trade show September 11-13.
Forests minister tours Structurlam’s new plant, applauds company’s cutting-edge work

Forests minister tours Structurlam’s new plant, applauds company’s cutting-edge work

Steve Thomson, Minister of Forests, Lands and Natural Resources, has lauded timber firm Structurlam after touring the company’s expanded plant in Okanagan Falls August 13.
Lower coal prices, sub-par second-quarter results delay reopening of northern B.C.'s Quintette mine

Lower coal prices, sub-par second-quarter results delay reopening of northern B.C.'s Quintette mine

Tumbler Ridge mayor disappointed but says the town has learned to diversify its economy since Quintette closed in 2000
If U.S. economy collapses, gold would shine: Analyst

If U.S. economy collapses, gold would shine: Analyst

Investors will soon be flocking to the precious metal to shore up their portfolios in increasingly volatile markets, predicts U.S. money manager
TransCanada to proceed with $1.5 billion B.C. project

TransCanada to proceed with $1.5 billion B.C. project

TransCanada Corp. (TSX:TRP)(NYSE:TRP) announced August 6 that its wholly owned subsidiary, NOVA Gas Transmission Ltd., will proceed with a $1.5 billion extension of a pipeline in northeast B.C.
Local fishery caught by Cohen report inaction

Local fishery caught by Cohen report inaction

Nine months after release of Cohen Commission report, Fraser River fishermen are still waiting for action on declining sockeye stocks
Independent power projects a gift to private industry and a curse to taxpayers: NDP

Independent power projects a gift to private industry and a curse to taxpayers: NDP

ENERGY | Part two: Energy critic slams Liberals for misreading market and leaving BC Hydro bound to buying expensive, unnecessary independent power
Opportunity for mid-tier mining companies abounds amidst industry troubles

Opportunity for mid-tier mining companies abounds amidst industry troubles

New EY mining report highlights purchases by medium-sized firms
Mining feels the pain as gold continues to drop: EY

Mining feels the pain as gold continues to drop: EY

Mining companies are cutting back and selling off assets as the price of many metals, and especially gold, continues to be uncertain, EY (formerly Ernst & Young) reported today in its quarterly survey of the industry.