MINING.COM Staff Writer

The Globe & Mail reports Canaccord Financial's purchase of a stake in Asian brokerage firm BGF Equities gives it something it needs to ensure a chance at a role on one of the big transactions of later this year – a license to deal in Hong Kong. The license could come just in time. One of the biggest transactions on the horizon is the planned Hong Kong Stock Exchange initial public offering of Sunshine Oil Sands, which could reach $1 billion.

International Law Office writes the oil sands developed slowly for many decades, outside of public scrutiny; however, international attention is now focused not only on their great promise, but also on their challenges.