Canada Top Stories

BILL C-69: CD Howe calls for changes to ‘flawed’ legislation

The C.D. Howe Institute says Bill C-69 will further depress a sector…

Spanish Mountain Gold’s BC project passes archaeological test

Local First Nations approved the results of an independent archaeological…

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Canada makes a deal a day as mining M&A head towards $200 billion

The value of mergers and acquisitions in the mining sector more than doubled to $96.3 billion in the first six months of the year and could top $200 billion for the whole of 2011 says a new research report. Canadian companies – both as acquirers and as the targets of buyers – dominated corporate finance activity in the first half shaking on more than a deal a day and at 325 deals accounting for almost two-thirds of all the metals and minerals transactions carried out around the world.

Grizzly adds to 2.4 million acres of land for Alberta potash project

Grizzly Discoveries Inc. announced on Monday it has applied for a new metallic and industrial mineral permit in Alberta along the Saskatchewan border covering approximately 4,672 hectares to add to its existing land holdings of more than 2.4 million acres for its Alberta Potash Project. Stocks in the micro-cap company was steady at 70c on Monday following the news and is worth more than double what it was at the start of 2011. Apart from potash Grizzly is exploring for gold and base metals in British Columbia and diamonds in Alberta.

National Geographic profiles proposed pipeline to carry oil sands crude to the B.C. coast

A proposed oil pipeline running from Alberta to the B.C. coast gets a critical look by National Geographic, a media company that has a potential reach of 280-million people each month. The article, Pipeline Through Paradise, looks at the coastline and the potential for mis-haps. The Enbridge Northern Gateway Pipelines Project is a proposed $5.5-billion pipeline running 657 kilometres from Bruderheim, Alberta to Kitimat, located on the central coast of British Columbia. The oil would then be sent overseas on tanker traffic.