Once the deals close, there will be only three major companies — CNRL, Suncor and ExxonMobil majority-owned Imperial Oil Ltd. — dominating Canada's oil sands industry.
The country expects mining investments to increase 360% in the next four years compared to the 2013-2016 period as it has already granted 160 of the 420 explorations licences it put out to tender in July.
Goldcorp (NYSE:GG,TSX:G) is teaming up with one of the world's largest computer companies to help if find more gold at its storied Red Lake mine in Ontario.
Researchers in the United States may have made a breakthrough in the quest to discern between uranium used for power generation and material that is being made into nuclear weapons.