Resources & Agriculture

As opposition to legislation grows, companies make the case for tree farm licences

B.C. government attempts resurrection of failed LNG site north of Prince Rupert

B.C.’s forestry industry has a head start over other regions to make the most of rising lumber prices, say industry experts.

U.S. silver producer Hecla Mining announced Monday that it is to buy Vancouver's Aurizon Mines (TSX:ARZ) for US$774 million ($796m) to gain control of a gold mine in Quebec, reports MINING.com .

Alberta and New Brunswick topped Canada’s list of top mining investment jurisdictions in Canada, according to a Fraser Institute report released yesterday.

Canada’s mining and oil and gas sectors plan to scale back investment in 2013, due to economic uncertainty and a widening gap between international and Canadian crude oil prices, TD Economics reports.

China now owns some prime real estate in Northeastern B.C.’s shale gas fields and a stake in the nascent LNG sector, with the acquisition of Nexen Inc. (TSX:NXY) by China National Offshore Oil Corp. (CNOOC).

The B.C. government will offer the gas industry $120 million in royalty credits to build the infrastructure needed to develop a liquefied natural gas industry.

Vancouver junior signs deal with German battery maker, plans vertical integration with the rapidly growing mass-storage power industry

Thompson Creek Metals Company Inc. (TSX:TCM; NYSE:TC) has written down $530.5 million of the value of its Endako molybdenum mine in B.C.’s northern interior.