The Hague, Netherlands – Shell's subsidiary, Shell Gas B.V., has entered into an underwriting agreement with Goldman Sachs & Co, RBC Capital Markets, Scotiabank and TD Securities, for the sale of 97,560,975 shares in Canadian Natural, representing its entire interest in Canadian Natural resulting in total pre-tax proceeds of approximately $3.3 billion.
Sudbury, Ont. – Rail-Veyor Technologies Global Inc. is proud to announce that it's Rail-Veyor system is now hauling all of the production material at Agnico Eagle Mines Limited's Goldex Mine in Val-d'Or, Quebec, for their Deep 1 project. Installation of the energy-efficient, three km underground system began as part of Goldex's new Deep 1 project which was started up in July 2017.
To achieve its goal of "Thinking Differently," the CIM Convention 2018 will connect professionals from all fields of the mining industry during a three-day conference featuring more than 200 oral presentations by industry thought leaders. The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) is hosting the event that is expected to draw more than 5,000 delegates from Canada and around the globe at the Vancouver Convention Centre from May 6 to 9.
The Mining Association of Canada (MAC) expresses its profound disappointment and frustration with the government’s removal of a Senate amendment relating to Final Offer Arbitration (FOA), and with its modification of an amendment giving the Canada Transportation Agency own-motion power, in Bill C-49, legislation that amends the Canada Transportation Act.
Montreal – The Canadian government announced today new measures to prevent transshipment and diversion of metal in Canada.
Montreal – Rio Tinto is the first company in the world to receive certification under the Aluminium Stewardship Initiative (ASI), the highest internationally recognized standard for robust environmental, social and governance practices across the aluminium lifecycle of production, use and recycling.
Calgary – The world’s thirst for energy is on the rise and Canada has an opportunity to meet the growing global demand for energy in an environmentally and socially responsible manner, but only with effective regulatory policies and increased market access, according to Canada’s Role in the World’s Future Energy Mix, the second in a series of economic reports released by the Canadian Association of Petroleum Producers (CAPP).
Calgary, Alberta – The National Energy Board (NEB) released its decision, on April 5, on Trans Mountain Pipeline ULC’s (Trans Mountain’s) variance application to alter the pipeline corridor of the Trans Mountain Expansion Project for 1.8 kilometres within the City of Chilliwack.
Calgary, Alberta – Canada has a strong refining industry but processes only a fraction of its own crude oil production, according to the National Energy Board’s (NEB) inaugural Canadian Refinery Overview – Energy Market Assessment report.