Resources & Agriculture

Vancouver-based Methanex Corp. (TSX:MX) is investing in an Icelandic company that has developed a process for creating methanol from renewable energy sources, including geothermal – of which Iceland has an abundance – as well as wind, solar and hydro power.

Vancouver-based Turquoise Hill Resources (TSX:TRQ), operator of the massive Oyu Tolgoi mine in Mongolia, dropped 18% on the Toronto Stock Exchange Monday after controlling company Rio Tinto (LON:RIO) said its putting on hold a $5bn underground expansion of the mine, according to MINING.com.

Solid second-quarter earnings and a continued rebound in the U.S. housing market have prompted investment dealers Salman Partners Inc. to bump Canfor stock into a buy rating. The investment dealer had previously rated Canfor stock “under review.”

Drillers, frackers, camp builders, equipment haulers set to benefit from gas development

Teck’s and Liberty Metal’s massive investments a sign of groups finding quality projects

Clean energy industry argues that increased demand and an aggressive B.C. carbon tax will make independent power contracts in the province economical mining | Teck’s and Liberty Metal’s massive investments a sign of groups finding quality pro

Analysts' bullish pre-results calls rewarded with strong Q2 postings

Resource officials from B.C. and Alberta will be forming a new working group aimed at expanding oil, natural gas and resource exports, B.C. Premier Christy Clark and Alberta Premier Alison Redford announced July 26.

The provincial government sold 19 plots of land in northeast B.C. for $6.39 million at its monthly natural gas and petroleum sale on July 24.

Forestry deals made waves in an otherwise "quiet" second quarter, PwC reported today (July 26).