Recent Articles

Tsilhqot’in leader wins $175,000 environmental prize

Posted on April 20, 2015

Marilyn Baptiste, a Tsilhqot’in First Nation councillor who was on the front lines in the fight against the Prosperity and New Prosperity mine is in San Francisco has received an international environmental award worth $175,000.

North Montney Mainline project approval brings Pacific NorthWest LNG closer to reality

Posted on April 16, 2015

Canada’s National Energy Board (NEB) has recommended approval of the $1.7 billion North Montney Mainline Project, effectively moving Petronas one step closer to making a positive final investment decision (FID) on the Pacific NorthWest LNG (PNW LNG) project.

Shell merger likely to kill one LNG project

Posted on April 9, 2015

US$70 billion takeover of BG Group Plc by Royal Dutch Shell Plc could bode well for Shell’s liquefied natural gas project in Kitimat, but not so well for BG’s own LNG proposal for Prince Rupert, say industry analysts.

Three injured in fire at Teck’s Greenhills coalmine

Posted on April 6, 2015

Three employees of Teck Resources Limited have received non-life-threatening injuries after a flash fire.

Imperial Metals records $37 million net loss in 2014

Posted on April 4, 2015

Imperial Metals (TSX:III) recorded a $37.3 million net loss in 2014, thanks largely to the cost of dealing with last year’s tailings pond failure at its Mount Polley mine.

Blood in the oil sands: Boom and bust in Alberta

Posted on April 1, 2015

Two oil towns that have defined Alberta’s resource – and real estate – boom now show how fast the bloom can fade.

Vancouver zinc miner faces fines in Yukon

Posted on March 25, 2015

At the end of January, the company announced it was placing the mine in care and maintenance, citing a commodity price crash, and earlier this month was forced to seek creditor protection.

Local law firm hits junior miner with $1 million lawsuit

Posted on March 24, 2015

Vancouver’s Petaquilla Minerals Ltd. (OTCBB:PTQMF) continues to stockpile financial troubles – the latest being a $1 million lawsuit from a local law firm over unpaid legal bills.

‘Zombie’ miners pulling down TSX Venture exchange

Posted on March 16, 2015

The plug should be pulled on these marginal junior miners, say investors.

Raven Coal mine proponent pulls application at the last minute

Posted on March 4, 2015

A Vancouver junior coal mining company that wants to build an underground coal mine in the Comox Valley on Vancouver Island has withdrawn at the last minute from an environmental screening, just as the Environmental Assessment Office was set to make a ruling.

Junior mining investment model on life support

Posted on February 24, 2015

Industry fears too many juniors chasing too few dollars will equal too few new mines.

First BC oil slump casualty: Ivanhoe Energy faces bankruptcy

Posted on February 23, 2015

The company has filed for creditor protection and faces possible bankruptcy.

Finning's Vancouver branch to cut 500 workers in Canada

Posted on February 23, 2015

The figure represents 9% of the company's Canadian workforce, and it is due to "soft market conditions."

Stephen Harper promises LNG tax breaks at Surrey appearance

Posted on February 19, 2015

Companies investing in capital assets for the liquefied natural gas industry can expect tax breaks to kick in immediately.

Profile of Goldcorp CEO Chuck Jeannes: sector has brighter future, gold miner says

Posted on February 17, 2015

CEO of world's largest gold mining company talks about the challenges and opportunities posed by peak gold.

Teck profits slashed in half on weak coal, copper prices

Posted on February 15, 2015

Teck Resources Limited (TSX:TCK.B) saw its 2014 profit fall by more than half compared with 2013 as copper and steelmaking coal prices remained low throughout the year.

Search warrant executed on Imperial Metals

Posted on February 4, 2015

"The investigation primarily focuses on offences in respect to the Environmental Management Act and the federal Fisheries Act, but it's not limited to those acts."

China's slower growth stalling price recovery for B.C. commodities

Posted on February 2, 2015

Hardest hit of all B.C. commodities has been metallurgical coal, which is suffering from a double whammy.

HD pushes forward with proposed $300m coal mine near Tumbler Ridge

Posted on February 1, 2015

British Columbia was accepting comments until Thursday (January 29) on a proposal for the Murray River coal river mine that HD Mining wants to build near Tumbler Ridge.

UBC votes on removing fossil fuel investments from endowment

Posted on January 27, 2015

Divestment intended to put political pressure on the Canadian government to adopt a national carbon pricing system, says campaigner.

Loonie to hit 85 cents US in 2016 as Bank of Canada hikes key rate, TD forecasts

Posted on January 26, 2015

Canadian dollar expected to fall to 75 cents U.S. before slowly climbing back to 85 cents by the end of 2016

Taseko, Wilderness Committee square off in court

Posted on January 20, 2015

Wilderness Committee is in court this week defending itself against a defamation suit over the New Prosperity Mine.

Few Canadian oil and gas companies can sustain business long-term at current oil prices

Posted on January 13, 2015

Fewer than one in five oil and gas companies would be able to sustain their businesses over the long term if the price stays under US$50 per barrel, said CanOils

Kinder Morgan pipeline opponents set up new base camp

Posted on January 5, 2015

Pipeline opponents have vacated Burnaby Mountain but are now camping out at the entrance to Kinder Morgan's Westridge Marine Terminal.

Site C dam gets green light

Posted on December 16, 2014

Construction on the dam, now estimated to cost $8.5 billion.

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