Browsing Tag
British Columbia
78 posts
Teck Resources profit reaches C$1.59 billion as copper prices surge, but Quebrada Blanca remains volatile
Teck Resources has delivered sharply higher third-quarter earnings and cash flow as copper prices and by-product revenue improved, although its Quebrada Blanca operation remains exposed to weather and processing constraints while the proposed Anglo American merger progresses.
Cariboo Gold Project reaches 28% completion as Osisko Gold accelerates infrastructure development
Osisko Gold reports 28% completion at Cariboo, with C$907 million in remaining costs and first gold production targeted for early 2029.
Ksi Lisims LNG signs 20-year SEFE deal as Canadian export project reaches 7 Mtpa in binding sales
Ksi Lisims LNG's binding supply agreement with Germany's SEFE strengthens the commercial foundation of its proposed 12-million-tonne export facility in British Columbia, but financing, pipeline infrastructure and final investment approval remain outstanding.
SNDL cuts more than 30% of Kelowna manufacturing jobs, but will the cannabis retreat protect profitability?
SNDL has reduced more than 30% of the workforce at its Kelowna manufacturing facility as the Canadian cannabis and liquor retailer reshapes its production portfolio, exits unprofitable domestic dried flower activity and seeks more consistent profitability. The reductions come alongside a planned capital return programme and an increased economic interest in U.S. cannabis operator Parallel.
US resident charged over alleged role in deadly Canada school shooting
A Washington resident is accused of helping plan Canada’s deadly Tumbler Ridge school shooting. Find out what US prosecutors allege.
LNG Canada doubles to 28 mtpa as Shell commits to two more Kitimat trains
Shell and its LNG Canada partners have taken FID on Phase 2, adding two trains and doubling Kitimat capacity from 14 mtpa to 28 mtpa as Asian LNG demand remains central to the project.
Conifex Timber surges 38.9% after securing C$30m federal tariff loan
Conifex Timber Inc. shares surged after a C$30 million federal loan eased immediate liquidity concerns at the British Columbia lumber producer, but high debt, operating losses and softwood-lumber trade pressure remain central investor risks.
Scottie Resources seeks C$27m as permitting advances at high-grade BC project
Scottie Resources Corp. is seeking up to C$27 million through common and flow-through shares as technical studies, permitting and exploration advance at its high-grade British Columbia gold project.
HF Foods adds specialty frozen seafood platform through $35m Searay deal
HF Foods buys Searay for C$47.9m at about 5x adjusted EBITDA, creating a Canadian platform that could materially reshape HFFG’s margin profile.
ARC Resources exits TSX after Shell completes one of Canada’s biggest energy deals
Shell has completed its acquisition of ARC Resources at an updated US$16.5 billion enterprise value, immediately adding roughly 370,000 boe/d of Canadian production. About three-quarters of the equity consideration is being paid in Shell shares, while management expects the transaction to become accretive to free cash flow per share from 2027.