February 4, 2012

Canadian jobs: It’s oil sands all the time

Statistics Canada reported Friday that of the jobs created in January 65% were in Alberta.

February 4, 2012

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…

February 4, 2012

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.

February 4, 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,…

February 3, 2012

Royal Gold Reports Record Revenue and Net Income for Second Quarter Fiscal 2012

Royal Gold Inc. (NASDAQ:RGLD) (TSX:RGL) today announced record net income attributable to Royal Gold stockholders of $23.4 million, or $0.42 per basic share, on record royalty revenue of $68.8 million…

February 3, 2012

TomaGold Corporation Starts Drilling on its Monster Lake Gold Project

TOMAGOLD CORPORATION (TSX VENTURE:LOT)("TomaGold" or the "Company") - is pleased to announce the beginning of a 3,000 metres, 21 holes, drill program on the 100% owned Monster Lake Property located…

February 3, 2012

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.

February 3, 2012

Northern Gold Raises Over $3.8M Through the Exercise of Warrants Issued Pursuant to a $2,500,500 Previous Private Placement

Northern Gold Mining Inc. ("Northern Gold" or the "Company") (TSX VENTURE:NGM) announces that since issue 25,074,270 warrants have been exercised for gross proceeds of $3,862,700. TORONTO, ONTARIO--(Marketwire - Feb. 3,…

February 3, 2012

Caterpillar shuts locked out Electro-Motive plant in Canada

American-based heavy equipment maker Caterpillar (NYSE:CAT) through its subsidiary Electro-Motive Canada (EMC), said today that it is closing EMC's locomotive production operations at its London, Ontario plant, after several months…

February 3, 2012

URSA Major Minerals temporarily suspends operations at Shakespeare nickel mine

URSA Major Minerals Incorporated ("URSA Major" or the "Company") (TSX:UMJ) has temporarily suspended operations at the Shakespeare Nickel Mine, located 70 km west of Sudbury, Ontario.