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Kirkland Lake posts record earnings, production in second quarter

Kirkland Lake posts record earnings, production in second quarter

TORONTO — Mining company Kirkland Lake reported record production and earnings in their second quarter, despite a rise in operating costs for selling gold compared to the previous year. The Toronto-based company reported net earnings of US$244.
Biden to allow eviction moratorium to expire Saturday

Biden to allow eviction moratorium to expire Saturday

BOSTON (AP) — The Biden administration announced Thursday it will allow a nationwide ban on evictions to expire Saturday, arguing that its hands are tied after the Supreme Court signaled it would only be extended until the end of the month.
Domtar shareholders overwhelmingly approve takeover by B.C.'s Paper Excellence

Domtar shareholders overwhelmingly approve takeover by B.C.'s Paper Excellence

FORT MILL, S.C. — Domtar Corp. shareholders have overwhelmingly approved a takeover of the paper producer by B.C.-based Paper Excellence. More than 81 per cent of outstanding shares were voted in favour of the merger at a special meeting.
N.L. oil refinery with uncertain future has new buyer interested in renewable fuels

N.L. oil refinery with uncertain future has new buyer interested in renewable fuels

COME BY CHANCE, N.L. — An idled oil refinery in the Newfoundland and Labrador town of Come By Chance has found a buyer.
Software developers' perceived race may affect success of their proposals: study

Software developers' perceived race may affect success of their proposals: study

A new study from University of Waterloo researchers shows developers perceived to be non-white are much less likely to see their proposed changes to open-source software projects accepted.
Strong lumber prices boost Resolute second quarter results at revenues nearly double

Strong lumber prices boost Resolute second quarter results at revenues nearly double

MONTREAL — Resolute Forest Products Inc. is reporting a very strong second quarter as net income soared on a near doubling of revenues as prices reached record highs.
Suncor Energy cuts guidance for Fort Hills due to slope instability at mine site

Suncor Energy cuts guidance for Fort Hills due to slope instability at mine site

CALGARY — Suncor Energy Inc. said Thursday it will produce less bitumen than expected this year from its Fort Hills oilsands mine.
Agnico Eagle profit soars amid higher sales, increasing metal prices

Agnico Eagle profit soars amid higher sales, increasing metal prices

TORONTO — Agnico Eagle Mines Ltd. says its profit rose in its latest quarter as it benefited from an increase in sales volumes and higher realized metal prices. The Canadian gold mining company reported a second-quarter net income of US$189.
Second-hand goods can fetch a pretty penny, if you follow these resale experts' tips

Second-hand goods can fetch a pretty penny, if you follow these resale experts' tips

TORONTO — Canadians who rooted around dusty basements or tackled overflowing closets during the pandemic are keeping vintage stores, auction houses and resale websites busy as they try to get rid of their finds.
West Fraser Q2 profits surge as revenues more than quadruple on Norbord acquisition

West Fraser Q2 profits surge as revenues more than quadruple on Norbord acquisition

VANCOUVER — West Fraser Timber Co. Ltd. says its profits surged in the second quarter as revenues more than quadrupled following the acquisition of Norbord. The Vancouver-based forestry company says it earned US$1.49 billion or $12.
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