Canadian Mining Journal

Oil Sands

  • BUSINESS NEWS: Black Diamond Group Announces Long Term Contract Renewal

    June 14, 2016 by Canadian Mining Journal

    CALGARY, AB— Black Diamond Group Limited, a leading provider of workforce accommodation and modular workspace solutions, is pleased to announce it has been awarded a workforce housing camp renewal in the Duvernay region of northwest Alberta. The renewal for 354 beds

  • PUBLIC RELATIONS: Energy industry losing PR battle, says Sask. premier Wall

    June 9, 2016 by Canadian Mining Journal

    CALGARY—The energy industry is losing the public relations battle against environmentalists and needs to redouble efforts to get out its side of the story, Saskatchewan Premier Brad Wall said Wednesday. “Today there continues an existential threat to this industry,” said

  • SHARES: Suncor to raise $2.5B through share offering

    June 8, 2016 by Canadian Mining Journal

    CALGARY – Suncor Energy has agreed to sell 71.5 million common shares at a price of $35.00 raising approximately $2.5 billion. Net proceeds of the bought deal will be used to acquire an additional 5% interest in the Syncrude joint

  • Feature

    On the firing line

    June 1, 2016 by Marilyn Scales

    The forest fires near Fort McMurray, AB, that started on May 2, are finally abating as press time nears at the end of the month. The fire, dubbed “The Beast,” blazed virtually unchecked for three weeks fanned by wind and

  • News

    OIL SANDS: Suncor restarts production

    May 30, 2016 by Canadian Mining Journal

    FORT McMURRAY, Alberta – Suncor Energy began the safe and staged restart of its oil sands operations late last week with the first bitumen production from the Firebag in situ facility. Start-up activities were also underway at the base plant

  • News

    OIL SANDS: Suncor begins remobilization of workers

    May 24, 2016 by Canadian Mining Journal

    ALBERTA – On May 23 Suncor said the remobilization of workers to its oil sands mines and plants has begun. Operations were disrupted by devastating forest fires that struck the Fort McMurray area earlier in the month. The Regional Emergency

  • News

    COMMENT: Fort McMurray fires move north toward oil sands mines

    May 18, 2016 by Marilyn Scales

    The wildfires that started on May 2 and forced the evacuation of almost 90,000 people from Fort McMurray, AB, have not abated. Hot, dry weather and the winds generated by the firestorms themselves burned through the town two weeks ago

  • News

    WILDFIRES: Aid continues to pour in for Fort McMurray evacuees

    May 9, 2016 by Canadian Mining Journal

    The weather has eased the huge firestorms that swept through Fort McMurray, AB, but the disaster is far from over. Almost 90,000 residents of the town and surrounding areas were evacuated last week as wildfires raced through the region. The

  • WILDFIRES: Help pouring in for Fort McMurray residents

    May 5, 2016 by Canadian Mining Journal

    ALBERTA – Wildfires fanned by winds up to 75 km/h continued out of control for the third day at Fort McMurray, home to this country’s oil sands producers. The fire has now consumed an area the size of Calgary –

  • OIL SANDS: Suncor to buy out Murphy Oil’s Syncrude share for $937M

    April 28, 2016 by Canadian Mining Journal

    ALBERTA – Suncor Energy of Calgary has announced its intention to buy out Murphy Oil Corp’s 5% interest in Syncrude for $937 million. Added to its original interest plus the acquisition of Canadian Oil Sands, Suncor will control 54% of

  • OIL SANDS: Suncor completes acquisition of Canadian Oil Sands

    March 22, 2016 by Canadian Mining Journal

    CALGARY – Suncor Energy has completed its acquisition of Canadian Oil Sands Limited following shareholder approval of the agreement at a special meeting of COS shareholders on March 21,2016. Suncor now owns 100% of the issued and outstanding COS shares.

  • OIL SANDS: Suncor wrapping up acquisition of COS

    February 23, 2016 by Canadian Mining Journal

    CALGARY – Suncor Energy’s offer for all the common shares of Canadian Oil Sands has expired, with 84.2% or 408.1 million COS shares tendered to the offer. For each share held, COS investors will receive 0.28 of a Suncor share,