The capital projects comeback

Journalist Lindsay Bird writes about working in the camps near Fort McMurray, and comes away unimpressed

The Qilalugaq Diamond Project includes the Qilalugaq kimberlite pipes and the Naujaat system of kimberlite dykes, and has been the focus of ongoing exploration and assessment work by Stornoway since it was optioned and subsequently acquired from BHPB Billiton Diamonds in July 2006 and July 2010.

Alberta Oilsands board responds to the dissident actions of a "concerned" group of shareholders.

Teck Resources, Canada's largest diversified miner, reached a five-year agreement with unionized employees at its Trail Operations.

Alberta Oilsands  (TSX-V:AOS) added 9% on Wednesday, after a group  of  "concerned shareholders" said they are filing a dissident circular and are in the process of mailing to shareholders of the tiny bitumen explorer a letter demanding the resignation of the board.

Announced yesterday, the government of Nunavut is in favour of uranium mining on the condition that the radioactive ore be used for peaceful and environmentally responsible purposes only.

Diamond miner and retailer Harry Winston (TSX: HW) (NYSE:HWD) says its earnings for the first quarter of fiscal 2013 tripled to $11.6 million, as sales in both its rough diamond and luxury goods segments had more lustre than a year earlier.

With the shift in research and development (R&D) policies – more grants and fewer tax breaks – announced in March by Finance Minister Jim Flaherty, the latest report from Deloitte & Touche LLP says Canada is putting the future of its oil sands industry at risk.

Following yesterday's announcement of leadership changes in Barrick Gold, S&P Capital IQ said the firm keeps its strong buy recommendation on the company’s shares.