February 12, 2018 Suncor Energy hikes stake in Syncrude in $730 million deal Canada's largest energy producer also buys into Norwegian Sea oil project.
August 3, 2017 Chile’s Caserones copper mine close to reach full capacity after weather forced 3-week shutdown The mine, which began producing in May 2014, has suffered a series of technical problems in its ramp-up phase.
April 20, 2017 Production at Syncrude’s Mildred Lake oil sands to fully resume in June Pipeline shipments would restart at approximately 50% of capacity in early May.
March 27, 2017 Production at Syncrude’s Mildred Lake oil sands to fully resume in April Suncor Energy, the largest partner in Syncrude, said it expects to meet its 2017 production targets despite a fire that shut down the Mildred Lake upgrader almost two weeks ago.
November 17, 2016 Suncor Energy sees higher output, lower spending in 2017 Canada’s largest oil and gas company expects production to rise by more than 13% next year and spending to fall by more than $1 billion.
February 8, 2016 Canadian Oil Sands overhauls leadership and board ahead of Suncor takeover The company has named Sandy Martin as its new chief executive officer.
February 4, 2016 Suncor cuts spending by 10% after posting $2bn loss on writedowns The Canadian oil giant lowered capital spending plan to between $6bn and $6.5bn from a November estimate of $6.7bn to $7.3bn.
February 3, 2016 Chile’s court confirms 2nd highest fine in history for Caserones mine The copper mine, property of Japan's top smelter JX Nippon Mining & Metals, will have to pay $10.8 million for breaching environmental rules.
January 18, 2016 Suncor changes strategy to acquire Canadian Oil Sands with $6.6bn friendly deal After months of hostile rhetoric, the two Calgary-based companies have reached a takeover agreement.
January 11, 2016 Canadian Oil Sands claims victory over Suncor’s hostile takeover attempt The company is asking Suncor to disclose details of how shareholders reacted to its bid before last week’s deadline had to be extended until Jan. 27.
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
