Here is why Venezuela traded 1.4 million ounces of its gold reserves to Citi

Canadian Shore Gold (TSX:SGF) shares fell dramatically Thursday after the Saskatoon-based company announced it had failed to secure a deal to fund their Star-Orion South diamond project near Prince Albert.

Verde Potash shares fell 2.8% to $6.51 by lunchtime on Thursday after the company announced bought deal financing of $25 million. In the run up to the release of a preliminary economic assessment report for its Amazon project a month ago, Verde Potash's shares were driven all the way up to $8.95, only to come crashing down after the study disappointed investors all round.

A group of twelve major Canadian oil sands producers, including some of the world's biggest energy companies, have reached an agreement to share unlimited information on environmental technologies, which sweeps away several intellectual property rights.

Safety professionals around the world have logged more than two million safety inspections using Field ID's industry-leading inspection management and safety compliance system. The milestone signals growing adoption of Field ID's cloud-based safety inspection and compliance system among health and safety managers in various industries.

Canadian company Finning International Inc. (TSX:FTT), Caterpillar’s equipment distributor in Chile, announced it will invest over US$350 millions in the South American country the year.

In a move seen as a clear attempt to build popularity, former U.S. president Bill Clinton called Americans to embrace TransCanada's Keystone XL pipeline, only three days after the Calgary based company announced it was going ahead with the construction of the southern leg through the States.

CEO Vitaly Nesis said Thursday the company is eyeing acquisitions in Kazakhstan, Armenia, Ukraine, the Russian Far East and Urals, adding that activities in Finland were also of interest.

A United Steelworkers investigation says Vale's Stobie nickel mine fatalities could have been avoided and has called on the Ontario Government to bring criminal charges against the company.

Australian coal producer New Hope Corp will not put itself up for auction for more than $5 billion after a five-month sale process failed to come up with a deal, Reuters reported.