Canadian Mining Journal

Oil Sands

  • News

    MERGER: Mikisew Group acquires Guthrie and service deal with Syncrude

    May 8, 2019 by Canadian Mining Journal

    FORT McMURRAY, Alta. – The Mikisew Group of Companies (MGOC) is pleased to announce that it has acquired Guthrie Industrial Services and Guthrie Mechanical Services. MGOC and Guthrie have worked together as partners through the Mikisew Guthrie LP  (MGLP) for

  • News

    OILSANDS: NACG wins additional 5-year contract

    April 4, 2019 by Canadian Mining Journal

    ALBERTA – North American Construction Group earlier this week announced a five-year multiple use contract and an associated term contract with a major oil sands customer.  The agreement runs through December 2023 and the backlog value is expected to be

  • OILSANDS: Canada invests $72M in clean technology for two Alberta companies

    March 14, 2019 by Canadian Mining Journal

    CALGARY – The federal government has announced plans to invest $72.3 million in clean technology for the Alberta oil and gas sector to address climate change and create jobs. Minister of Natural Resources Amarjeet Sohi made the announcement on March

  • OILSANDS: Devon Energy pulling out of Canada

    February 21, 2019 by Canadian Mining Journal

    OKLAHOMA CITY – Devon Energy has announced plans to transform itself into a U.S. oil growth company. The final step will be to sell its Canadian oilsands and Barnett shale assets, a move that may put more than $30 billion

  • News

    OILSANDS: Suncor reports Q4 record 740,800 bbl/d

    February 6, 2019 by Canadian Mining Journal

    CALGARY – Suncor Energy published its fourth quarter numbers that included an oilsands record – 740,800 bbl/d – thanks in part to its interests in the Fort Hills (53%) and Syncrude (100%) operations in northern Alberta. Funds from all operations

  • News

    WATER PLANT: MGX commissions wastewater treatment system at oilsands project

    January 17, 2019 by Canadian Mining Journal

    ALBERTA – MGX Minerals of Vancouver  and partner PurLucid Treatment Solutions has commissioned a commercial 5-m3/h NFLi-5 advanced wastewater treatment system. The system is currently operating under contract to an oilsands steam assisted gravity drainage (SAGD) operator to process evaporation

  • Feature

    Bringing autonomous haulage to the oil sands

    December 1, 2018 by SMS Equipment

    Several oilsands producers have started looking at the application of autonomous haulage systems and the use of driverless haul trucks to optimize transportation of oilsands from the mine to the processing facilities. This is a significant undertaking in the industry

  • News

    OILSANDS: Suncor posts record quarterly operating income of $1.3B

    November 1, 2018 by Canadian Mining Journal

    CALGARY – Suncor Energy has posted a record $3.14 billion ($1.94 per share) for Q3 2018. Cash flow provided by operating activities was $4.37 billion ($2.70 per share) including changes in non-cash working capital. Operating earnings were $1.56 billion ($0.96

  • News

    COAL-BASE METALS: Teck 3Q results up despite commodity price declines

    October 25, 2018 by Canadian Mining Journal

    VANCOUVER – The third quarter financial performance of  Teck Resources included a $1.3-billion profit attributable to shareholders. Compare that to the same profit during Q3 2017 of $548 million. However, adjusted profit attributable to shareholders declined to $466 million or

  • News

    PUMPS: All oilsands using GIW units for hydrotransport

    October 2, 2018 by Canadian Mining Journal

    GEORGIA – With the upcoming installation of a GIW Minerals TBC-92 pump, GIW Industries will officially have hydrotransport pumps in service at all operating Canadian oilsands mines. This landmark project is taking place at the site of a customer who

  • News

    Franco-Nevada teams with oil firm Continental Resources to buy mineral rights

    August 13, 2018 by Canadian Mining Journal

    Franco-Nevada (TSX: FNV; NYSE: FNV) and Continental Resources (NYSE: CLR) have struck a strategic relationship to jointly buy mineral rights in the Scoop and Stack oil & gas plays in Oklahoma. Franco-Nevada says it will contribute about US$220 million for the acquisition of

  • News

    OILSANDS: Syncrude recovers after power outage

    July 9, 2018 by Canadian Mining Journal

    ALBERTA – Suncor Energy of Calgary is making plans to restart Syncrude production after a site wide power disruption on June 20. The preliminary investigation indicated the cause was a transformer trip in the Syncrude power house. The outage resulted