Ore & Oil

Wabush Mines has received approval from the Quebec Superior Court to be sold to Tacora Resources Inc. FTI Consulting Inc., the firm appointed to monitor the Companies Creditors Arrangement Act process the mine had been placed under when owner Cliffs Natural Resources declared bankruptcy, announced …

The proposed Sisson tungsten and molybdenum mine near Stanley, New Brunswick has cleared another regulatory hurdle. On Friday (June 23), the Canadian Environmental Assessment Agency announced the environmental assessment of the project had been completed. The proponent, Vancouver-based Northcliff Resources Ltd., has been trying to …

Husky Energy has finally done it – sanctioning the West White Rose project. The Calgary-based company made the announcement today (May 29.) Not so long ago, as oil prices tanked and companies cut spending and development plans, industry observers had to wonder if this day …

Husky Energy’s West White Rose extension project is hot news once again. Last December, the Calgary-based company said it would consider sanctioning the project in 2017. Yesterday (Feb. 21), CBC Newfoundland and Labrador published a story citing anonymous sources saying that the sanctioning could occur …

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