VANCOUVER – Canada’s Pan American Silver announced Feb. 22 that it has completed the $1.07-billion buyout of Tahoe Resources by acquiring all of the issued and outstanding shares of the precious metals miner. Pan American expects to produce between 26….
SILVER-GOLD: Pan American Silver completes $1B-buyout of Tahoe Resources Read More »
OKLAHOMA CITY – Devon Energy has announced plans to transform itself into a U.S. oil growth company. The final step will be to sell its Canadian oilsands and Barnett shale assets, a move that may put more than $30 billion…
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OILSANDS: Devon Energy pulling out of Canada Read More »
TORONTO – Canada’s Kirkland Lake Gold announced on Feb. 21 that management increased its consolidated three-year production guidance and improved its unit cost guidance for 2019. In a press release, the miner explained that there is potential for a mil…
GOLD: Kirkland Lake expects a million ounces in 2019 Read More »
SASKATOON, Sask. – K+S Potash Canada has again been named one of the provinces top employees. This is the sixth time and the second year in a row. President and general manager, operations Sam Farris said, “We’ve experienced a lot…
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AWARD: K+S Potash still among provincial top employers for sixth year Read More »
TORONTO – Dundee Precious Metals offered a look at the fourth quarter and positive full year financials for 2018. The company recorded revenue of $377.1 million and adjusted net earnings of $29.0 million. The all-in sustaining cost per ounce of…
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GOLD-COPPER: Dundee ups 2018 revenue, net earnings Read More »
VANCOUVER – The latest quarterly numbers from Capstone Mining Corp. show lower revenue than a year earlier, but production costs also rose. The company met the year’s guidance with output of 155.2 million lb. of copper at a C1 cash…
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COPPER: Capstone 2018 revenue slides, costs up Read More »
TORONTO – Fura Gems has launched the Provenance Proof Blockchain designed to promote transparency in the coloured gemstones industry. The program was launched by Gubelin Gem Lab with Everledger at the Tucson, Ariz. gem show. Emeralds from Fura’s Coscue…
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CALGARY – Suncor Energy published its fourth quarter numbers that included an oilsands record – 740,800 bbl/d – thanks in part to its interests in the Fort Hills (53%) and Syncrude (100%) operations in northern Alberta. Funds from all operations……
OILSANDS: Suncor reports Q4 record 740,800 bbl/d Read More »
CALGARY – Suncor Energy published its fourth quarter numbers that included an oilsands record – 740,800 bbl/d – thanks in part to its interests in the Fort Hills (53%) and Syncrude (100%) operations in northern Alberta. Funds from all operations……
OILSANDS: Suncor reports Q4 record 740,800 bbl/d Read More »
WESTERN AUSTRALIA – South African-based Gold Fields has announced plans to build one of the world’s largest solar power and battery facilities at its Granny Smith gold mine 400 km northeast of Kalgoorlie. The system will be powered by more…
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GOLD: Gold Fields plans mega solar power plant at Grannie Smith Read More »
