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Natural Resources News

 

The close: TSX maintains rally as commodities continue surge

Cameco's new uranium discovery revealed

Canadian stocks are climbing on gold strength - Canadian commentary

UK paper industry in favour of staying in EU

Brexit would leave UK steel industry vulnerable, says business secretary

London Metal Exchange unveils new Ring

 

Members in the News

 

Amec Foster Wheeler awarded £125m contract for BP Chilldown Project
Amec Foster Wheeler announces today that it has been awarded a one-year £125 million Engineering, Procurement and Construction (EPC) contract by BP to build a new refrigeration plant that will maintain efficient operations across the Forties Pipeline System. Read more...

CGI to repurchase 7.1 million of its shares held by Caisse de dépôt et placement du Québec
"CGI continues to deliver a solid performance at all levels and to generate superior returns. We rebalance our portfolio periodically, when the appropriate conditions are in place, in order to capture a portion of these gains for our depositors, said Christian Dubé, Executive Vice-President, Québec, of la Caisse. Read more...

CPPIB, Saudi firm said to lead Glencore unit bids
Canada Pension Plan Investment Board and state-owned Saudi Agricultural and Livestock Investment Co. are among lead bidders for a minority stake in Glencore PLC’s agriculture unit, according to people with knowledge of the matter. Read more...

Fasken Martineau's Global Mining Group seminar series during PDAC 2016 to start this week
Fasken Martineau will be presenting 13 individual seminars in conjunction with this year's Prospectors and Developers Association of Canada (PDAC) Convention, the mineral industry's largest annual event. "Our firm has been providing strategic legal services to the mining industry for over 150 years and we are proud to have been recognized by Who's Who Legal ‘Global Mining Law Firm of the Year’ seven times in the last decade," said John Turner, head of Fasken Martineau's Global Mining Group. Read more...

Kavlev Pugi Award - Emily Moore of Hatch recognized for research and development
Emily Moore, Hatch's global lead for water and tailings management, has been recognized with another award, this time from the Chemical Institute of Canada for her industrial research and development contributions to the chemical industry. Moore was recently recognized as one of the 2016 Top 100 Inspirational Women in Mining. Read more...

HSBC offers voice and fingerprint ID system to customers
HSBC is launching voice recognition and touch security services in the UK in a big leap towards the introduction of biometric banking. The bank says its service will be offered up to 15 million banking customers. Read more...

Rio Tinto releases solid fourth quarter production results
Rio Tinto chief executive Sam Walsh said “Against a challenging market backdrop for the industry, Rio Tinto remains focused on operating and commercial excellence to leverage the low-cost position of our Tier 1 asset base... We will continue to focus on disciplined management of costs and capital to maximise cash flow generation throughout 2016.” Read more...

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