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Energy & Resources News

Talisman posts $213M loss as production falls

Talisman posts $213M loss as production falls

Talisman Energy Inc. reported a first-quarter loss as production fell, but the Canadian oil and gas company said it expected significant growth in higher-margin liquids production in the...

Posted on 5-01-2013 at 7:21 AM
T. Boone Pickens, Founder, BP Capitalplay

Obama ‘foolish’ if he rejects Keystone: T.B. Pickens

U.S. President Barack Obama would be "a fool" not to approve TransCanada's Keystone XL pipeline and risks seeing the project shift direction away from the U.S. if he stalls approval of...

Posted on 5-01-2013 at 2:54 PM
Michael Sabia, CEO of Caisse de dépôt et placement du Québec play

Caisse’s Sabia lambastes Barrick exec pay package

Michael Sabia, the head of Quebec's biggest pension fund, says even if Jesus Christ was offered a nearly $12-million US signing bonus to join Barrick Gold's board -- as was the gold...

Posted on 5-01-2013 at 11:36 AM
Eric Nuttall, portfolio manager, Sprott Asset Management play

Suncor Energy boosts payout 54%, beats Street

Suncor Energy Inc.'s first-quarter operating profit beat analyst expectations, boosted by higher oil sands production and better profitability in refining and marketing. It also boosted its...

Posted on 4-30-2013 at 7:26 AM
BP hit by wave of spill lawsuits ahead of deadline

BP hit by wave of spill lawsuits ahead of deadline

BP Plc has been hit by more than 2,200 new lawsuits seeking payback for the 2010 Gulf of Mexico oil spill in the past few weeks as individuals, companies and government bodies rushed to...

Posted on 4-30-2013 at 8:12 AM
Yamana Gold profit falls on lower gold price, costs

Yamana Gold profit falls on lower gold price, costs

Canadian miner Yamana Gold Inc reported a 40 percent drop in first-quarter profit on Tuesday as lower gold prices and higher costs outweighed a boost in gold production.

Posted on 4-30-2013 at 6:20 PM
Andrew Bell reportsplay

Kinross pegs initial cost for Tasiast mine at $2.7B

Kinross Gold Corp. is pushing ahead with plans to expand its Tasiast project in Mauritania with a feasibility study for a 38,000-tonne-per-day mill and said it expected the initial capital...

Posted on 4-29-2013 at 7:51 AM
Andrew McCreath reportsplay

Capstone to buy BHP Arizona copper mine

BHP Billiton Ltd. has agreed to sell its Pinto Valley copper mine and a railroad in Arizona to Capstone Mining Corp. for $650 million US, reaping far more than expected as the top global...

Posted on 4-29-2013 at 8:50 AM

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