Kinross Gold Corp. reported an enormous fourth quarter loss on Wednesday due to writedowns, however the company beat its production and price guidance and offered up a good outlook for 2016. Toronto-based Kinross was the very first senior Canadian gold miner to report earnings this quarter, and also the results set a comparatively upbeat tone for the rest of the ...

MONTREAL – Canada’s second-largest dairy producer, the farmer-owned Agropur Cooperative, says it sees the company’s growth not within the nation, where it’s defended the protectionist supply-management system when threatened with free-trade deals, however in the U.S. where it can import to international markets including north of the border. “It’s certain that development for all of us will come primarily from the Usa,” ...

With budget time approaching at the federal and provincial levels, finance ministers will attempt to solve the quandary of yawning deficits in the existence of slow growth. Should governments take on fiscal stimulus C more spending or tax cuts C that will boost the deficit and, hopefully, spur growth? Or whenever they take on austerity to prevent the stress of ...

CALGARY ? The very first liquefied gas project in Canada may be built on the East Coast, not the West Coast. Shell puts off decision on LNG megaproject in B.C. for an additional year because it grapples with plummeting oil prices and earnings The punches keep coming for the Canadian gas and oil industry. The most recent uppercut came from ...

Alabama Graphite: The Future is Bright Green In the middle of a wounded junior resource market those companies with superior management and realistic business strategies present the greatest opportunities. Alabama Graphite Corp. (V.ALP) may very well be one of those companies. Alabama Graphite has a resource: an enormous graphite deposit within the mining friendly state of Alabama; a skilled management ...

Oil producer Cenovus Energy Inc posted a bigger-than-expected quarterly loss and announced a fresh round of cuts to its quarterly dividend, 2016 capital budget and workforce, because it tries to shore up finances amid an incessant fall in oil prices. The Canadian company, that has been cutting costs in reaction to a more than 70 per cent fall in oil ...

When you are inside a hole, the saying goes, stop digging. An easy lesson that arguably has bypassed a mining industry that’s destroyed more than US$1.4 trillion of shareholder value by digging a lot of holes around the world. The industry’s 73 percent plunge from the 2011 peak is way beyond the oil industry’s 49 per cent loss during the ...

WASHINGTON – Fed Chair Janet Yellen returned to Capitol Hill having a brave face on Thursday amid a worsening meltdown on global stock markets and growing skepticism the U.S. central bank can transport out its long-planned pivot to “normal” monetary policy. Yellen, testifying prior to the Senate Banking Committee, stressed the intense spots within the U.S. economic recovery while acknowledging ...