Oil sands improving on environment, but new technology takes time

Amarc's CEO called the AuRORA discovery "a significant inflection point" in the exploration of the JOY district with Freeport.

The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.

The move is expected to become effective Jan. 23, subject to approvals such as a final court order from the Supreme Court of British Columbia.

Agnico, the second-largest gold miner by stock market value, agreed to acquire O3 last month for about C$204 million.