TORONTO/ANCHORAGE The U.S. Army Corps of Engineers on Wednesday issued its final decision denying a key water permit for the contentious Pebble Mine in Alaska, putting the project's future in doubt even as the company behind it plans to appeal the decision.
JOHANNESBURG/TORONTO Investors are putting pressure on gold miners, whose high greenhouse gas emissions have been less scrutinized, to report transparently and take concrete steps to curb them after a rally in prices this year drew closer attention to the sector's footprint.
* CEO will consider share buyback if underperformance
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TORONTO/WINNIPEG, Manitoba Cenovus Energy Inc plans to cut 20% to 25% of its workforce after it acquires Husky Energy Inc, the companies said on Tuesday, as Cenovus begins to slash costs in the Canadian oil patch's biggest merger in nearly four years.
WINNIPEG/TORONTO Cenovus Energy's acquisition of Husky Energy creates a new Canadian-owned major oil producer and lends the long-struggling oil patch greater stability during its biggest crisis in decades, with investors betting on further deals.
WINNIPEG, Manitoba/TORONTO The premier of Canada's oil-producing province Alberta is losing popularity as the pandemic deepens its economic woes, highlighting the big pipeline bet that Jason Kenney has riding on the U.S. election.
TORONTO, Oct 20 Canadian miner Kinross Gold Corp
is not under any pressure to do deals, Chief Executive
Paul Rollinson said on Tuesday, tamping down a media report that
said it was eyeing a London listing and the sale of its business
in the Americas.
TORONTO, Oct 16 Canada has ordered a national
security review of Shandong Gold Mining Co Ltd's
bid to acquire a gold mine in the Canadian Arctic, the
mine's owner said on Thursday, in the latest sign of pushback
faced by China's state miners.