Business In Vancouver - Nelson Bennett

Hostile takeover? Pick your poison pill

It’s not yet clear whether it will be generally approved by securities regulators as a defensive mechanism for all other public companies facing hostile takeovers.

This Canadian miner went from zero to a $4bn company in eight years

Since it was formed in 2007, B2Gold has built two new gold mines and bought two others.

BC gold miners reap Brexit rewards

A gold bull market would be good for the badly battered TSX Venture exchange, which is heavily weighted with junior miners with gold projects.

BC government says payments demanded for access to Crown land are not legal

According to the Association of Mineral Exploration (AME), a number of junior exploration companies and their suppliers and contractors have been approached by First Nations.

BC Auditor General: Mines ministries failing to protect environment

Canadian taxpayers could be on the hook for up to $1 billion in unfunded liabilities for mine remediation.

Goldcorp hacked, second Canadian gold miner since last year

According to dailydot.com, hackers claimed to have accessed a massive amount of Goldcorp data and provided a bit torrent link on a public paste site.

Several Canadian firms operating in Guatemala, Eritrea may have civil claims against them heard in Canada

Should the court decide the claim can be heard in Canada, it could have wider implications for Canadian mining companies operating in countries with less than sterling environmental and human rights records.

Taseko directors hit with $110m lawsuit

Raging River is asking the court to find against those named in the suit over the acquisition of Curis Resources Ltd.

Tesla's plans fire up lithium shares

It’s Tesla Motors CEO Elon Musk’s stated ambition to produce 500,000 electric cars by the end of this decade.

Rising prices, equities suggest end of mining bear market near

For the first time in years, the mood at the recent Prospectors & Developers Association of Canada (PDAC) convention in Toronto was buoyant.

British Columbia native land claims continue to conflict with mineral rights

In recent months, mineral claims in B.C. have been put into question as a result of interim treaty agreements.

Taseko's court action aimed at fending off a takeover of the company’s board of directors

Taseko, has filed a court action in the U.S. aimed at fending off a takeover of the company’s board of directors by a group of shareholders known collectively as Raging River Capital LP.

Government throws lifeline to BC mines

The B.C. government is throwing the mining industry an emergency lifeline in the form of deferred electricity bill payments that could be worth more than $300 million.

Imperial Metals to shut its Huckleberry copper mine in BC

Company has already told employees that the mine will shut down in August.

Coal prices claim Quinsam coal mine on Vancouver Island

That’s five coal mines that have shut down in B.C. in the last two years, thanks to a prolonged global glut and low prices for both thermal and metallurgical coal.

BC mining in 2016: New mines on track despite dire outlook

Hard decisions by some mining companies are required in 2016 if they are to avoid solvency problems, warns the Bank of Merrill Lynch.

Vancouver's Oracle Mining in receivership

It is now halted from trading and its directors and chief executive officers have resigned en masse.

FortisBC to start converting trucks to LNG at Teck's Fording River coal mine in BC

Blending the diesel with natural gas will reduce CO2 emission by 20%, according to a FortisBC press release.

‘Are you sitting down’ – Lucara CEO recounts 1,111 carat diamond news

‘Congratulations – you are the CEO of the first company in 100 years to recover a stone over 1,000 carats.’

Brazil mine accident puts tailings ponds safety back in the hot spot

Until early November, the failure at the Canadian Mount Polley copper mine had been the worst such breach in recent years.

Shell logs $7.4 billion loss as oil price slump and write-downs sink profits

The loss prompted the oil giant to shelve and write off a new oil sands project in Alberta and an oil exploration project in Alaska.

Callaghan settles with BCSC to not ‘drag it out’

Asked what he will do during his one-year suspension, Callaghan says he has no "freaking clue."

Callaghan settles with BCSC to not ‘drag it out’

The penalties were the result of a BCSC investigation into resource estimates Callaghan announced in 2012 for Barkerville Gold’s Cow Mountain property.

Teck Resources to expand its Fording River coal mine

Teck to expand its Fording River coal mine but with met coal global glut, the question now is whether the project will proceed as originally planned.

New landscape for BC mining environmental reviews

First Nation support for resource projects has become increasingly important to their success.