Canada's oil sands survive, but can't thrive in a $50 oil world

Having trouble viewing this email?  View online Oil Sands News Digest Wednesday 15 November 2017 Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc Canada's oil sands survive, but can't thrive in a $50 oil world Canada's oil sands producers are stuck in a rut. read » Venezuela's Mining Arch in the spotlight again New reports highlighting the environmental dangers posed by mineral exploitation at the Mining Arch have emerged, as Venezuelan officials try to convince Alrosa to invest in the project. read » Canadian junior miners worth jumps for second year in a row Aggregate market cap of the top 100 junior mining companies was up 7% to $12.2 billion, a level not seen since 2010, but the group significantly underperformed the Venture Exchange as a whole. read » TransCanada veteran Alex Pourbaix to lead Cenovus Pourbaix replaces Brian Ferguson, who announced his retirement earlier this year following Cenovus' $17.7 billion acquisition of oil sands and natural gas assets from ConocoPhillips. read » Cenovus sells Palliser oilfield for $1.3 billion Cenovus Energy (TSX, NYSE:CVE) last week unloaded another key asset. read » Clean mining project shortlisted for $950 million Canadian gov't funding The CLEER (Clean, Low-energy, Effective, Engaged and Remediated) project focuses on water use, energy intensity and environmental footprint, with aggressive targets of a 50% reduction in each area by 2027. read » Cenovus posts smaller loss as production more than doubles Company lost $69 million in its latest quarter as it more than doubled its production compared with a year ago. read » Environmental group's office raided to collect for Enbridge After sending court bailiffs to seize property from Stand.earth, Enbridge backed off, saying it will not seize property after all. read » The next big offshore boom is about to happen here The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil. read » Suncor Energy and PetroNor announce agreement for equity partnership Suncor and PetroNor today announced the purchase by Suncor of a 41% equity interest in PetroNor, a petroleum products distributor across the James Bay and Abitibi-Témiscamingue regions of Quebec. read » Oil sands buyout spree paying off as takeovers boost output The acquisition spree that returned much of Alberta's oil sands to Canadian hands is so far working out as the buyers projected, with results at Canadian Natural Resources Ltd. and Cenovus Energy Inc. beating expectations on the back of higher output and lower costs. read » New tool helps industry collect and share geoscience data PDAC gearing up to launch Exploration Assessment Digital Data Formats guidelines, a practice expected to improve Canadian mine exploration discovery rates. read » MGX Minerals nears completion of first commercial rapid lithium extraction system MGX and its technology partner, PurLucid, made ground-breaking progress in treating complex brines with high magnesium content. read » Read more Oil Sands news on MINING.com » Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Oil Sands News Digest". You mayunsubscribe at any time. The information contained in “Oil Sands News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Oil Sands News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.