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Resources & Agriculture

Vancouver’s Lucara loses lustre as diamond production, sales disappoint

Vancouver’s Lucara loses lustre as diamond production, sales disappoint

Miner’s revenue fell 37% year on year to US$43M
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Yukon government takes over Minto Mine after company ceases operations

Yukon government takes over Minto Mine after company ceases operations

WHITEHORSE — The Yukon government says it’s focused on protecting the environment after taking control of the Minto Mine located on Selkirk First Nation territory.
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Newmont gobbles up Australian miner and B.C. mines

Newmont gobbles up Australian miner and B.C. mines

Newmont acquired Goldcorp. in 2019, now acquiring Brucejack, Red Chris mines
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Glencore bid for Teck faces stiff Canuck rules, pride as mining M&A activity triples

Glencore bid for Teck faces stiff Canuck rules, pride as mining M&A activity triples

The mining industry’s M&A activity has reached US$66B so far this year
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BC Hydro predicting record-breaking power usage as heat descends on the province

BC Hydro predicting record-breaking power usage as heat descends on the province

BC Hydro is expecting potentially record-breaking demand on the power system as British Columbia and Alberta enter what's forecast to be a blistering heat wave.
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Ivanhoe Electric buys private land by copper project in Arizona

Ivanhoe Electric buys private land by copper project in Arizona

Miner moved head office from Vancouver to Arizona recently
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Oilpatch restarts some production but wildfire risk remains volatile

Oilpatch restarts some production but wildfire risk remains volatile

CALGARY — Some oil and gas producers in Alberta are restoring production after temporarily halting operations earlier this week due to wildfires.
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Work stopped on two sections of Coastal GasLink pipeline

Work stopped on two sections of Coastal GasLink pipeline

Rapid spring melt has paused work at sections near Prince George and Houston.
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Crescent Point Energy increasing use of hedging amid volatile oil markets

Crescent Point Energy increasing use of hedging amid volatile oil markets

CALGARY — Crescent Point Energy Corp. is increasing its use of hedging to protect itself against commodity price swings.
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Alberta regulator says Imperial Oil faces more water problems at Kearl oilsands mine

Alberta regulator says Imperial Oil faces more water problems at Kearl oilsands mine

The Alberta Energy Regulator has warned Imperial Oil about more wastewater problems at its Kearl oilsands mine in northern Alberta.
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