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Energy and Resources News

Gold no longer 'the skunk at the picnic', says mining industry veteran
Gold’s gains are the result of a “perfect storm” formed by global economic uncertainty, central bank buying and institutional investors coming back into the asset and related securities, industry veteran Randall Oliphant tells BNN.
Posted on 2-12-2016 at 1:18 PM
TMX Group profit falls, hurt by weak oil prices
TMX Group Ltd, which owns and operates the Toronto Stock Exchange, reported a fall in fourth-quarter adjusted profit that missed analyst estimates, as sustained low commodity prices hurt a large portion of its resource-based issuers.
Posted on 2-12-2016 at 9:42 AM
Hydro One profit falls on warmer weather, storm repairs
Hydro One had a $143-million profit in the fourth quarter, a period when Ontario’s largest electricity transmission and distribution utility began trading its stock publicly for the first time.
Posted on 2-12-2016 at 9:08 AM
Gold stages comeback as equities melt down
Gold's prospects for a sustained price rally are better than they have been for years as a weaker dollar, crashing oil prices and concerns about the global economy have revived its safe-haven status after years as the dog of global financial markets.
Posted on 2-12-2016 at 7:45 AM
Agnico Eagle has the attention of major money managers again: CEO
Sean Boyd is getting calls from money managers he hasn’t spoken with in years.
Posted on 2-11-2016 at 3:36 PM
Cascading effect of low oil prices sweeps across Corporate Canada
In case you missed it: Fallout from the crash in crude prices can be seen far and wide in the flurry of Canadian earnings today – and the damage extends well beyond the oil patch.
Posted on 2-11-2016 at 11:37 AM
TransCanada raises dividend despite oil slump
TransCanada Corp, Canada's second-largest pipeline company, raised its dividend at a time when most energy companies are scaling back shareholder payouts, as long-term contracts shield the company from weak commodity prices.
Posted on 2-11-2016 at 9:45 AM
Teck Resources falls to $459-million loss, takes writedown
Canadian miner Teck Resources reported a fourth-quarter loss, hurt by lower commodity prices and an asset impairment charge of $536 million.
Posted on 2-11-2016 at 9:32 AM

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