Canadian jobs: It’s oil sands all the time
Statistics Canada reported Friday that of the jobs created in January 65% were in Alberta.
Latest Stories
Sunshine Oilsands postpones $700m Hong Kong IPO, now wants ‘resource savvy’ Canadian investors
Sunshine Oilsands, a Calgary-based oil explorer backed by Chinese state-owned enterprises, has delayed the launch of a planned up to $700 million initial public offering in Hong Kong which would have been the biggest in Asia this year.
China secures Kalahari, paves way for Extract bid
China Guangdong Nuclear Power Corp (CGNPC) declared its offer for Kalahari Minerals unconditional on Friday, paving the way for it to launch a takeover bid for Extract Resources, owner of one of the world's largest uranium mines.
Shareholders sue Hecla Mining Co. after Lucky Friday Mine shut down
Some shareholders have sued Hecla Mining Co. for stock losses they endured after the federal government shut down the Lucky Friday Mine for safety violations.
Mosaic announces potash production curtailment
The Mosaic Company (NYSE: MOS) has announced a reduction of up to 20 percent in planned potash production from February through May 2012.
Plan Nord: Quebec’s First Diamond Mine “Getting Their Ducks In A Row” In 2012
Stornoway Diamond Corp. (TSX:SWY) will make it a priority during 2012 to obtain all the permitting and financing needed to get its northern Quebec Renard Project in construction by mid-2013, according to company officials.
Fracking explained negatively
In an escalating media war, the makers of the movie Gasland put together a good looking infographic to get out their message that hydraulic fracturing is bad.
“Glenstrata” could flex muscles in iron ore
The $80 billion proposed merger of commodities trader Glencore and Swiss-based miner Xstrata could lead to a fresh round of acquisitions in iron ore, Reuters is reporting today.
Imperial Oil green-lights $2 billion Cold Lake expansion
Imperial Oil is spending $2 billion to expand its Cold Lake insitu oilsands operation in northeastern Alberta.
