December 14, 2012

FIRE SALE: Oil sands players now get $45 a barrel vs global price of $109

Not too many Alberta producers make money as Canadian crude falls to 5-year low of $64 below global price.

December 14, 2012

PetroChina to develop shale gas in Alberta via partnership with Encana

Deal should be exempt from Harper's new foreign investment rules due to PetroChina's minority stake

December 14, 2012

Rogue Iron Ore Corp. announces update on Rapier Gold spin-out transaction

Due to market conditions and a tight financing timeline, Rapier was unable to meet the entire $4M financing requirement within the time frame outlined in the purchase agreement with Rio…

December 14, 2012

Argonaut Exploration Inc. updates Lucky Luke mine, Cordillera mine and Dorreen mine status and gold results

Argonaut has completed two late fall geologic field examinations directed at locating and sampling the historic Lucky Luke and Cordillera Gold Mines.

December 13, 2012

Major management reshuffle at Centerra Gold

Two of its senior executives are retiring in February next year.

December 13, 2012

Kaminak reports maiden inferred mineral resource estimate of 3,236,000 ounces of gold at the Coffee Project, Yukon

64 million tonnes grading at 1.56 g/t Au for 3,236,000 ounces of gold at a base case cut-off of 0.5g/t Au for Oxide and Transitional material and a 1g/t Au…

December 13, 2012

Falcon Gold announces commencement drilling on the Burton property and financing engagement

Historical diamond drill intercepts at the Burton Property include 9.34 g/t over an intersection length of 7.75 meters.

December 13, 2012

Keystone XL: Welcome to the proxy energy war

Now that elections are over, everyone is waiting for a decision on the Keystone XL pipeline, but it's not so easy amid the atmosphere of protests that have even traditionally…

December 12, 2012

Taseko Mines weathers multiple storms

Canadian Taseko Mines (TSE:TKO) is having a rocky end of the year as workers threaten with a strike at the company’s copper-molybdenum Gibraltar mine, in British Columbia, and First Nation…

December 12, 2012

Rockwell Diamonds mothballs Tirisano mine

Canadian Rockwell Diamonds (TSX:RDI, JSE:RDI) has decided to place its operations at its Tirisano mine in South Africa “on care and maintenance,” following persistent industrial relations issues and ongoing losses…