Canada’s nuclear-energy industry generates some $6.6 billion in annual revenue, $1.2 billion in exports each year and employs roughly 31,000 people according to Harper's office.
Canadian miner giant Teck Resources (TSX:TCK.B) reported Thursday a record annual profit of $2.7 billion, up by half from 2010, fuelled mainly by higher coal prices.
Lake Shore Gold, an aspiring Canadian mid-tier gold producer, has joined forces with Franco-Nevada Corporation in a $50 million royalty and equity agreement. Both companies are listed on the Toronto and New York exchanges.
As Canadian oil falls to $50 less than the international benchmark, crude calculations show oil sands producers are losing out on $100 million dollars a day because they cannot sell into global markets.
Public awareness and acceptance of Carbon Capture and Storage (CCS) as a tool to combat climate change is higher in Saskatchewan and Alberta than the rest of Canada, concludes a nation-wide survey released today by IPAC-CO2 Research Inc.
Yukon-Nevada Gold Corp. (TSX: YNG) on Wednesday announced a forward gold purchase agreement with Deutsche Bank's London office for $20 million. Yukon Nevada says it will deliver 27,950 ounces of gold over a 43 month term at a rate of 650 ounces per month starting end of Q1.
Ian Telfer, one of Canada’s most well-known mining executives and chairman of Goldcorp Inc. (TSE:G), denied yesterday’s Ontario Securities Commission (OSC) allegations that connect him with an alleged illegal insider-trading scheme that yielded profits of $962,000 for eight people involved in buying shares.
Reuters reports that sovereign wealth fund China Investment Corp (CIC) and state oil company Sinopec are among three cornerstone investors that will pledge $350 million towards Sunshine Oilsands Ltd's Hong Kong IPO.