Use of coal for power generation peaked about two years ago, a new report suggests.
222 Tasiast employees let go in September.
Petro-Canada Lubricants Inc. (PCLI), a Suncor business, has been selected by Carrier Centers, Southern Ontario’s leading transportation dealer network, to supply service fill bulk and packaged heavy duty engine oil, in addition to third-party bulk deliveries.
Construction of the gold mine, located in the south-central Kayseri province, should start in early 2016, followed by production by mid-2017.
The gloomy outlook comes as the International Energy Agency predicts crude oil won't reach $80 a barrel until at least the end of the decade.
Shareholders of record at the close of business on Thursday, November 19, 2015 will be entitled to receive payment of this dividend on Friday, Nov. 27.
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.
"Open-pit mines are wounds we’ve inflicted, and the wonderment they excite easily becomes tinged with pangs of remorse or dread."
Nyrstar is also considering to cut global zinc concentrate supply by up to a further 400,000 tonnes if the slump in commodity prices continues.
John McKay is optimistic.
The decision, confirmed this morning, puts an end to a seven-year saga that became one of the biggest environmental flashpoints of Obama's presidency.
Suncor steeped up its hostile Cdn$4.3bn bid for COS by asking the Alberta Securities Commission to strike down the target’s rights plan to prevent a takeover.
The company, Canada’s largest pipeline operator, reported a loss in the third quarter driven by both delays in completing its Line 9 project and one-time charges.
Lucara Diamond Corp. is pleased to report revenues of $90.9 million for the quarter with an operating margin of 88% and revenues of $158.6 million for the nine months to September 2015.
So far in 2015, the state of the global diamond industry has been closely aligned with the posture of the global economy, as it so often is, and should be.
Avalon Rare Metals expects to publish the project's Preliminary Economic Assessment by the end of the month.
Before becoming a public figure, the Winnipeg businessman and Liberal South Centre MP worked as a journalist, musician and administrator.
The company also fell behind the consensus estimates for both earnings and revenue.
The company has temporarily resumed activities in the country, while it awaits a final decision.
If accepted, the request would keep alive the possibility that Keystone could go ahead after next year’s presidential election in the U.S.
The importance of going beyond environmental considerations when planning the lifecycle of mines to include socioeconomic considerations was a key topic discussed at the last UNCTAD meeting.
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.
It all began about 900 million years ago.
The Vancouver-based miner, however, upgraded its 2015 production guidance to 710,000 ounces of gold.
In 2011, during the peak of the so-called “mining boom”, the sector was worth nearly US$2.5 trillion.
The fertilizer giant also announced temporary inventory shutdowns as it deals with a weakening potash market.
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