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Energy & Resources News

Ned Goodman resigns from Barrick board
“He is starting a new company in the resource space that presents a potential conflict with his role on Barrick’s board,” company spokesman Andy Lloyd said in an e-mail.
Posted on 7-23-2015 at 4:31 PM
Energy Watch: Encana cuts jobs, falls to operating loss of $167M
More layoffs are coming to Calgary, with the latest round of job cuts announced by Encana on Friday morning.
Posted on 7-23-2015 at 2:16 PM
Teck Resources profit falls; cuts coal output forecast
The company, the largest producer of steel-making coal in North America, cut its 2015 coal production forecast to 25-26 million tonnes from 26.5-27.5 million tonnes.
Posted on 7-23-2015 at 8:42 AM
Gold miners on ‘knife edge’ as slump wipes out $19 billion
Gold’s slump to a five-year low this month is squeezing the world’s biggest producers of the precious metal, already struggling to rein in costs and pay down debt.
Posted on 7-22-2015 at 12:23 PM
Gold teeters near five year low after 'bear raid', more losses expected
The sudden bout of selling in Shanghai and New York occurred during illiquid trading hours, with a wave of orders placed during a one-minute period shortly after the Shanghai Gold Exchange opened on Monday.
Posted on 7-21-2015 at 9:06 AM
GE developing ways to 'dramatically reduce' water costs in the oil sands
General Electric Canada is working with Suncor Energy Inc. on advanced desalination technologies to reduce water costs for new oil sands projects.
Posted on 7-21-2015 at 9:44 AM
TransAlta teams up with Tesla
TransAlta is set to launch Alberta’s first large-scale commercial energy storage project using Telsa’s Powerpack batteries.
Posted on 7-17-2015 at 2:55 PM
Premiers reach ‘aspirational’ deal on national energy strategy
It sets no Canada-wide hard targets for greenhouse gas emissions reductions but provides a roadmap for expansion of pipelines and the country’s energy industry.
Posted on 7-17-2015 at 1:02 PM

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