On hold since 2015, oil sands project to pump at 10,000 bopd
New life was breathed into the Canadian oil sands with a decision by foreign-owned Harvest Operations Corp to commission its BlackGold project south of Fort McMurray.
Companies’ low valuation, the current focus on operational efficiency in the mining sector, and the chase for overseas assets by Chinese investors, are pushing deals up.
An environmental advocacy group has launched a lawsuit against British Columbia’s Ministry of Energy and Mines and Texada Quarries, challenging the legality of the ministry’s recent approval of a coal export expansion on Texada Island.
Canadian mining and metals deals plunged 51% in terms of value and 13% when it comes to volume in the first quarter of 2014. Yet results show a sustained improvement, says EY's latest report.
Attempts to rescue trapped miners after a fire in a Turkish mine continue Thursday morning after a break of four hours. So far there are at least 282 people dead and 142 remain unaccounted for.