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.
January 10, 2016 What value does Suncor see in Canadian Oil Sands? Canadian Oil Sands is a weak company that has consistently missed many quarterly targets and is focused on one of the least attractive areas of the oil patch at current…
January 5, 2016 Suncor not ruling out sweetening offer for Canadian Oil Sands The takeover bid expires on Friday.
December 15, 2015 Suncor presses Canadian Oil Sands shareholders for a takeover offer nod “Hope is still not a strategy,” Suncor wrote in a letter to Canadian Oil Sands’ shareholders, stressing there was “little time” left.
December 2, 2015 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.
December 2, 2015 Canadian Oil Sands to stay in the black even if crude prices keep falling The company, currently the target of a $4.3 billion takeover bid by Suncor, unveiled a pared-back capital budget that cuts spending by 20% year-over-year to $295 million in 2016.
November 30, 2015 Canadian Oil Sands granted one more month to fend off Suncor’s hostile bid The poison pill provision must expire by Monday, Jan. 4, 2016.
Chile copper supply gains seen years away, mining council warns Chile has the project pipeline to lift annual production to 7 million metric tons from about 5.4 million tons. January 23, 2026 | 10:08 am
