Resources & Agriculture

Baja Mining loses majority control of Boleo project in Mexico to Korean consortium

BC Hydro building $1.4 billion worth of high-voltage transmission lines across province

Mexico, the world’s main silver producer, is quickly becoming a key player in the gold market, according to Vancouver junior miner Newstrike Capital (TSXV:NES).

Beleaguered Vancouver miner Baja Mining Corp. (TSX:BAJ) (OTCQB:BAJFF) has appointed a new CFO, the company announced Friday.

Shares in Canada's Teck Resources (TSX:TCK.B) (NYSE:TCK) climbed slightly last week after the company announced that fourth-quarter coal sales are expected to top its prior outlook of 6.2 million tonnes, according to MINING.com.

Perth, Australia-based CGA Mining Ltd. (TSX:CGA) voted 98% in favour of a merger with Vancouver’s B2Gold Corp. (TSX:BTO) (OTCQX:BGLPF)(NSX:B2G), the company announced December 24.

Chevron Canada Ltd. has taken on a 50% stake in the Kitimat liquefied natural gas (LNG) project and the proposed Pacific Trail Pipeline (PTP), Chevron Corp. (NYSE:CVX) announced today.

Vancouver’s B2Gold Corp. (TSX:BTO) (OTCQX:BGLPF)(NSX:B2G), one of Business in Vancouver’s top three fastest-growing companies this year, announced December 20 that its shareholders voted to approve the company’s merger with CGA Mining Ltd. (TSX:CGA), based in Perth, Australia.

B.C.’s 25th largest private company, Corix Group of Companies, announced December 18 that it is expanding by buying Hydro Star LLC, one of the largest privately owned U.S. water and wastewater companies.

HD Mining, the Vancouver-based miner that in early October sparked controversy and legal actions with its plan to bring in up to 2,000 Chinese miners for its proposed $300 million coal mine, won't replace all of its foreign workers by Canadians at least until 2026.