December 15, 2014

Black gold loses glitter

The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geo-political landscape, and has severely pressured many energy sector…

December 12, 2014

BP-Husky new Canadian oil sands project begins operations

The Sunrise Phase 1 oil sands project is expected to have initial capacity of 60,000 barrels per day.

December 11, 2014

Major miner ‘Divesting’ out of China – CEO explains Eldorado’s move

It is planning to partially divest itself of its Chinese assets, placing them into a new company listed in China, and partially owned by new Chinese investors.

December 11, 2014

Fracking bans unjustified, says Fraser Institute

Hydraulic fracturing, or fracking, is not without its risks, but outright bans are unjustified: Fraser Institute

December 10, 2014

Miners in Guatemala to pay ten times more royalties

President Otto Perez Molina has approved a new rule passed by the Congress last week, which rises taxes to transnational miners operating in the country from 1% to 10%.

December 10, 2014

Confronting the potential extinction of a Canadian institution

To a packed crowd in Vancouver yesterday, veteran junior resource analyst John Kaiser gave a presentation hosted by AME BC entitled, Confronting the Potential Extinction of a Canadian Institution.

December 10, 2014

Yamana Gold to group Brazil mines under new unit

The miner became the latest company to spin off non-core, underperforming assets.

December 9, 2014

Larger players account for 40% of global exploration budgets

A study of about 40 explorers budgeting at least US$50 million total shows the larger players allocated a total of US$4.33 billion and accounted for 40% of the US$10.74 billion…

December 9, 2014

Obama’s ’Colbert’ show appearance no laughing matter for Canada’s oil patch

In the Monday night episode of “The Colbert Report,” the joke was on Canada’s oil industry. That’s because the featured guest appeared to take a dig at the industry’s long-awaited,…

December 7, 2014

First Nation in B.C. sets out tougher rules for mining in its territory

A group of First Nations from Williams Lake, B.C., whose territory includes the area devastated by the Mount Polley tailings pond breach has created a detailed mining policy that will…