HudBay to close Flin Flon copper smelter by 2010, then refinery
HudBay Minerals Inc. said this morning it expects to close its copper smelter in Flin Flon, Manitoba before July 1, 2010, and its copper refinery in White Pine, Michigan shortly thereafter. The financial impact of the smelter closure on the company will be minimal, it added, as the processing costs from the sale of concentrates [...]
First diamonds mined in Ontario adorn symbolic Legislative Mace
Two diamonds from the De Beers Canada Victor mine — Ontario’s first diamond mine — have been installed in the Legislative Mace presented to parliament yesterday in a special ceremony in the Ontario Legislature. One diamond was cut and polished, while the other remained in its natural rough form. The Mace was scheduled to undergo [...]
Oil sands giants Suncor and Petro-Canada agree to merge
Suncor Energy Inc. and Petro-Canada, both major players in oil sands mining and refining, said today they have agreed to merge. The combined company, with about $C63 billion in combined assets, will operate as Suncor, but will maintain the Petro-Canada name is refined products. “This merger creates a made-in-Canada energy leader with the assets, cost [...]
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