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Tag Archives: potential

Where did the potential buyers of Canadian Oil Sands disappear to?


Unless something dramatic happens between now and Friday, Suncor’s planned, albeit hostile, acquisition of Canadian Oil Sands is expected to play out as anticipated. While shareholders may not like the all-paper offer, they will support the transaction because the alternative of owning an independent company that trades lower – is …

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Fund managers not fussed about potential mining rally


The mining sector has underperformed global markets for an unprecedented five straight years. A sixth wouldn’t come as a shock, but according to Citigroup analysts, fund managers are giving more thought to the possibility that the sector has bottomed and is poised to rally in 2016. The broader question, however, …

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Ontario court ruling opens up potential road access to ‘Ring of Fire’ mineral belt


TORONTO — The planned development of Northern Ontario’s “Ring of Fire” mineral belt got a potential boost on Wednesday when an appeals court ruled that a small junior mining firm should not have exclusive access to a transportation corridor. The decision opens the door to construction of a north-south road …

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Conference Board highlights LNG’s potential, notes its uncertainty in British Columbia


CALGARY – The British Columbia government stands to gain $2.9 billion per year if three liquefied natural gas plants are built on the province’s coastline, according to a new report funded by one of the LNG project proponents. The Conference Board of Canada noted in a new report, paid for …

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Gold Reserve deal with Venezuela a potential turning point for Canadian miners with arbitration wins


Canadian mining companies are putting together a pretty good winning streak in international arbitration cases against foreign governments. But their record of collecting on those awards is a lot more mixed. Late last week, a tiny firm called Gold Reserve Inc. shocked many onlookers by reaching a potentially favourable settlement …

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