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CALGARY C Companies are wiggling from money-losing contracts to purchase electricity from coal-fired power plants in Alberta as a result of the province’s new climate change policies, leaving a provincial agency to honour the agreements. TransCanada Corp., a business most widely known for building pipelines but that also includes a power business, cited a recent alternation in Alberta’s climate laws ...

The uranium market has been around a five-year bear market that shows no signs of recovery, in part because utilities are betting prices will stay low and therefore are in no hurry to secure future supply. Dev Randhawa, chief executive of Fission Uranium Corp., said they need to start buying in big amounts within the next three years to have ...

Some optimism is beginning to creep back into the mining sector – although not much. Sentiment is rather muted to date in the Prospectors and Developers Association of Canada (PDAC) conference, which kicked off Sunday in Toronto. The conference, which is the world’s biggest gathering of mining professionals, works as a good barometer for the state of the industry, which ...

The PDAC conference is legendary because of its giant booze-fueled parties, and there were none bigger on Sunday night than the one hosted by Integra Gold Corp., which named the winners of their clever “Gold Rush Challenge.” The contest began last year, after Integra acquired a project in Quebec that came with six terabytes of mining records dating back 1933. ...

Two of Canada’s aspiring no-frills carriers say a proposal to provide foreign investors a bigger stake in the country’s airlines could mean the main difference between their success and failure. How three Canadian airline startups plan to fly inside a daunting market For a trio of Canadian airline upstarts whose launch date is imminent, the way to avoid engaging in ...

In mining, the great bifurcation is finally underway. The 'new gasoline': How lithium has turned into a rare winner amid the commodity slaughter Little-known lithium has simply skyrocketed recently due to expectations of soaring demand from electric vehicles and market distortions in China Read more After a multi-year bear market by which virtually every junior mining stock got decimated, the ...

Hedge funds unwound bearish bets at the fastest pace in 10 months as fear of oil sinking to US$20 a barrel faded. A lot has happened since Goldman Sachs made that forecast a month ago. Some U.S. shale drillers have added too the towel following a year of maintaining supply in the face of plunging prices, saying they’ll pump less ...

TORONTO – Depressed commodity prices aren’t stopping one mining company at PDAC from settings its sights high – beyond orbit, actually. Planetary Resources, Inc. sticks out one of the companies only at that year’s mining convention because its focus is extracting resources from asteroids. As the idea may appear outlandish, the firm counts former NASA engineers among its ranks and ...