Financial Post

Suncor Energy files application for 160,000-bpd Lewis oilsands project

Canada’s largest integrated energy company has filed an application for a massive new oil sands project defying expectations of slowing growth in the oil sands.

Energy East's death pins the oilsands' hopes on two pipelines with their own troubles

TransCanada Corp.’s cancellation of the Energy East pipeline leaves Canadian oil producers more dependent than ever on the Keystone XL and Trans Mountain proposals, two projects facing ardent opposition in their own right.

U.S. repeal of mining anti-corruption rules will mean Canadian companies will have much tougher reporting guidelines

The repeal of a U.S. anti-corruption “resource extraction rule,” which passed Congress late last week, leaves Canadian companies with much tougher reporting rules than their American peers, putting the two countries on divergent paths.

Gold-backed digital payment platform to store physical gold at Canadian Mint

Users of Goldmoney’s blockchain technology will be able to purchase reserved physical gold in the Mint’s Ottawa vault, in increments as small as 35 cents.

Oil sands producers face looming bottleneck, even with Trans Mountain pipeline expansion

Oilsands producers are likely to face a pipeline shortage in coming years, even amid growing optimism that a major pipeline could soon receive federal approval and ease industry’s pipeline constraints.

Why letting China back into Canada’s oilsands would be a big mistake

There is speculation Prime Minister Justin Trudeau may announce relaxed terms for SOE investment during his state visit to China this week.

Diamond mining entrepreneur Robert Gannicott dies at 69

Robert Gannicott is remembered as one of the pioneers and champions of Canada’s diamond industry, which he helped shape for more than two decades.

Oil at US$100? Some hedge funds are betting on it

Current low prices will generate a supply crunch as oil companies cut billions of dollars in spending on developing fields.

Oilsands around Fort McMurray to fly workers in and out of sites to get operations restarted quickly

Several major producers including ConocoPhillips Canada, Canadian Natural Resources, and others, may be able to resume operations faster than many would have thought, though there are logistical challenges.

Imperial Oil Ltd seeks approval for new $2-billion oilsands project near Cold Lake

Imperial Oil Ltd. has revealed plans for a new $2-billion oilsands plant at a time its competitors have cancelled or deferred new projects to survive the oil price collapse.

TransCanada halted after report of talks to buy Columbia Pipeline Group in deal worth more than $10 billion

Company only confirmed it was in talks with a “third party” about a “potential transaction.”

PDAC 2016: Zijin eyes further global growth after landmark deals last year

Zijin has been looking abroad for gold and copper acquisitions for more than a decade, but has been a very active buyer over just the past few years.

Goldcorp cuts dividend, lowers production guidance for next three years

Unexpected problems at an Ontario project.

‘Zombie’ stocks haunt Canada’s oil patch, but buyers not interested

Buyers are not biting in worst market in generation.

Barrick Gold Corp is back on top as Canada’s best-performing stock and the world’s most valuable gold company

Barrick Gold Corp. has surged to become Canada’s best-performing stock as a two-month rally in the precious metal gives added lift to the company’s turnaround efforts.

Double-digit growth expected for Chile, Colombia, Peru and Mexico — Scotiabank

Despite recent market volatility and exposure to low oil and commodity prices, the countries growth won't be affected, says the bank.

How this northeastern Quebec city is getting burned by the collapse in iron ore prices

At the corrugated-iron-walled congress centre in Sept-Îles on a snowy late-November day, organizers of a chamber of commerce luncheon are turning away late arrivals.

What rising tensions between OPEC kingpin Saudi Arabia and Iran may mean for oil prices

Given that oil is down at the moment with the news out of Middle East, what would take oil to move materially to US$50 would be some supply outage coming out of this story, or a military conflict between Iranians and Saudis.

Alberta Premier Rachel Notley facing backlash over oilsands emissions cap

After winning about five minutes worth of approval from the environmental movement for capping greenhouse gas emissions in the oilsands, Alberta Premier Rachel Notley is facing the uncomfortable task of deciding which projects get to benefit from her now-limited carbon budget.

Be ready to buy gold equities: JP Morgan

We feel investors should be ready with a small gold equity position in case this situation develops, or suggest they do their homework so they can react quickly should the forecast Fed rate rise damage the economy.

Secret deal on Alberta’s oil sands emissions limits divides patch

A hard cap on oilsands emissions was the product of secret negotiations between four top oilsands companies and four environmental organizations.

How Obama’s Keystone XL decision could make Canada an attractive energy investment destination

U.S. President Barack Obama’s decision to reject TransCanada Corp.’s Keystone XL project doesn’t necessarily make Canada a more risky place for energy investment.

For many miners, there’s no avoiding the gold ‘production cliff’ now

When Steve Parsons and his colleagues published their first report on the gold “production cliff” in early 2013, they thought the thesis was obvious, even though almost no one was talking about it.

Gold mining costs continue to come down

Gold miners have managed to cut their costs significantly since prices started to freefall in 2013. And, fortunately, it appears that trend is not slowing down.

How Hillary Clinton and Rachel Notley are bringing more bad news to Alberta’s oilpatch

Sounding yet again like a cheerleader for opponents of Alberta’s energy industry, Notley, head of the left-leaning NDP government, reacted positively to U.S Democratic Presidential Candidate Hillary Clinton’s surprise announcement that she’s opposed to the Keystone XL pipeline from Alberta to the U.S. Gulf.