Anglo faces headwinds in keeping restructuring on track
Anglo has been forced to accelerate its restructuring after successfully holding off a bid from BHP, the world’s biggest miner.
CN Rail (TSX:CNR) is considering shipping Alberta’s oil sands output to Prince Rupert, British Columbia, by train in quantities that match the proposed Northern Gateway pipeline.
Internal government documents obtained by Greenpeace (see images) under the access to information act, suggest Chinese-owned Nexen (TSX, NYSE:NXY) is already working with CN to ship oil by tanker to Asia.