Enbridge acquires 50% of wind farm for $170 million
Enbridge said Thursday it will invest $170 million to acquire a 50% stake in the 150-megawatt Massif du Sud wind farm in Quebec.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
All that glitters in 2013 is gold – PwC predicts soaring prices
Gold is the favoured commodity of 2013 with more than 80% of gold executives expecting to see a rise in the price of gold, despite the poor performance of the precious metal in the last two days.
Canadian mergers and acquisitions survived 2012 collapse
Canadian mergers and acquisitions defied gravity in 2012, surviving a 10% decline in the total number of deals completed during the year.
Iron ore miners ending 2012 on a positive note
Vale, Rio Tinto and BHP Billiton reach an almost one-year high.
Labour unrest forces Harmony Gold to close South African mine
Harmony Gold Mining (NYSE:HMY) announced Thursday it has closed its Kusasalethu mine in South Africa a day earlier than planned for the festive holiday season due to violent demonstrations following the suspension of 578 workers.
Lynas wins operations appeal in Malaysia
A Malaysian court dismissed an appeal against a temporary operating licence for Lynas Corp (ASX:LYC), an Australian rare earth miner, despite residents' opposition over alleged radioactive hazards.
BHP to sell its Guinea iron ore mine to B&A Mineração
BHP Billiton (ASX, NYSE:BHP) has reportedly chosen mining venture B&A Mineração as the preferred bidder for its Mount Nimba iron ore mine, one of the largest deposits of the mineral in Guinea.
Japan to subsidize underwater rare earth venture
Tokyo’s new governor, Naoki Inose, announced the city would subsidize companies joining a project to mine rare earth elements from the seabed off Minami-Torishima Island, to the southeast of Tokyo.
Russian Alrosa renews rough supply contract with Rosy Blue
The company recently closed another deal worth nearly $60 million with U.S jewellery giant Tiffany.
Vale will pay $232 million in taxes to Switzerland
Brazilian miner Vale SA (NYSE:VALE) said Wednesday its fourth-quarter results would suffer after the company decided to settle a case of alleged tax evasion with Swiss authorities.
Abasca expands Loki graphite resource in Saskatchewan
The company's upgrades to Loki graphite resource in Saskatchewan, strengthens plans for a PEA and fast-tracks production.