Delrey Metals stock jumps after successful re-assay of Four Corners project

The Royal Canadian Mounted Police (RCMP) have appointed a special "diamond cop" to combat the smuggling of gemstones and precious metals as the illegal trade flourishes on the back of demand from drug dealers.

Malaysian state-run oil company Petronas has extended the deadline for its takeover bid for Canadian gas producer Progress Energy Resources Corp.(TSX:PRQ) in hopes it will be able to overcome Ottawa's objections to the $5.2 billion deal.

TransCanada Corp. (TSX, NYSE:TRP) and Phoenix Energy Holdings Ltd. have entered into a 50-50 partnership to build a $3-billion pipeline in Northern Alberta, one of the centres of Canada’s oil sands industry.

Petaquilla Minerals Ltd. (TSX:PTQ) has rejected as inadequate an unsolicited, the latest takeover bid by Inmet Mining Corp. (TSX:IMN) presented Friday, which was 25% cent higher than the $112-million Inmet originally offered.

Canadian authorities revealed Sunday plans for the final portion of tar ponds clean-up in the province of Nova Scotia, which will see $17 million spent on a park, sports field and an outdoor stage and amphitheatre, as part of a project to revitalize an area where a former steel mill left behind contaminated soil.

Just a one percentage point decline in oil production generates an immediate oil price spike of over 60 percent

The opportunities that lie ahead will be volumetric as opposed to price-based

Canadian gold miner Petaquilla Minerals Ltd. (TSX:PTQ) confirmed late Thursday it is studying an upgraded and final takeover offer by Inmet Mining Corp. (TSX:IMN), which is now offering about 25% more than $112-million it previously proposed.

Potash Corp of Saskatchewan (TSX:POT) has seen third quarter earnings plunge 22% due to a sharp decline in exports of the key fertilizer ingredient to China and India.