Quebec Halts Most Shale Gas Activity

Source: Dow Jones, Chip Cummins and Edward Welsch (3/10/11)

"Move puts new spotlight on U.S. shale amid environmental worries."

Quebec's provincial government said it would halt most new natural gas exploration and development, putting a new regulatory spotlight on shale gas extraction amid environmental worries in the U.S.

The move puts the brakes on a promising exploration play in eastern Canada, where drillers hope to exploit shale gas deposits. Shale gas development has grown quickly in the U.S., with companies flocking in recent years to long ignored deposits in places like Pennsylvania, Texas and the Rocky Mountains.

But late Tuesday, Quebec's government, which has authority to regulate energy and environmental issues inside the province, issued its first environmental assessment of shale-gas development there. The assessment didn't cite specific findings but concluded that more studies are needed.

Shortly after, Quebec's government halted further exploration in the province, except for drilling that might help the assessment, stopping short of a full moratorium.

Production Increasing at Peruvian Mine for Vancouver Silver Explorer
Source: Streetwise Reports (04/26/2024)

Silver X Mining Corp. continues to see an increase in production at its Nueva Recuperada district-scale property in Peru since its pivotal restart last September. Find out why one expert says the time is right for silver stocks.

Clean Tech Co. Set To Benefit From 'Forever Chemical' Crackdown
Source: Streetwise Reports (04/26/2024)

As the U.S. federal government continues to crackdown on so-called "forever chemicals," one company said its technology could help localities comply with the regulations. One technical analyst is predicting a breakout in the company's stock.

Pharma's Promising Path in COPD Treatment
Source: Streetwise Reports (04/26/2024)

As Verona Pharma releases more news surrounding its COPD treatments, analysts are taking notice. Read to see what Verona is doing in the pharmaceutical space and what three analysts have to say about this company's stock.

Explorer Looks to Have 'Key Year' as Copper Prices Break Out
Source: Streetwise Reports (04/26/2024)

Copper and gold explorer Vortex Metals Inc. believes that 2024 will be a "key year" for the company. Find out why two experts agree the stock is attractive as the red metal starts to jump.

Silver-Gold Co. Announces Drilling Plans for Massive BC Project
Source: Streetwise Reports (04/25/2024)

Dolly Varden Silver Co. announces its plans for its 2024 drilling program at its 100%-owned Kitsault Valley project in British Columbia's Golden Triangle. Read to see why one newsletter writer says the stock is a "core silver holding for us."