Latest Headlines
RESOURCE STOCKS
✕
CAPITAL MARKETS

Oil sands trust battered by cost overruns

TORONTO: Those who argue that Australia will never get an oil shale/sands operation off the ground were handed further ammunition this week after investment house Canadian Oil Sands Trust announced C$2.1 billion in project cost overruns.

James Hamilton
Oil sands trust battered by cost overruns

The news shocked North American markets causing units in the trust to nosedive 16% to C$44.90 which effectively wiped C$726 million off the firm’s market value in one day. Such has been the fallout from...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
RESOURCE STOCKS

Northern Territory Copper Project Well Positioned

RESOURCE STOCKS

PolarX Strongly Backed by Gold Major

MOST POPULAR

1
DRYBLOWER

Dryblower on BHP's long and rocky road to winning Anglo American

2
EXPLORATION & DEVELOPMENT

Liontown on target for first lithium production, expansion update due this quarter

3
M&A

BHP could be trumped by Chinese or Indians, contends Angel

4
ENERGY MINERALS

Japanese commit to Ardea's giant WA nickel dream

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login