
Keystone Pipeline restarts after oil spill in North Dakota
Crude oil pipeline operator South Bow Corp. says its Keystone system has restarted after a rupture last week in North Dakota.
The Calgary-based company says it has repaired and replaced the affected pipe and recovered most of the more than 556,000 litres that leaked onto farmland.
South Bow says it's now working to clean up soil at the site of the rupture.
It says the pipeline, which runs from southeast of Edmonton to the U.S. Gulf Coast, is pumping at a lower pressure as it returns to service.
There was no word on what caused the break, but an employee reported hearing a "mechanical bang" before shutting down the pipeline on April 8.
The Keystone Pipeline was constructed in 2010 at a cost of $5.2 billion US by TC Energy, which spun off its crude pipelines into a new company, South Bow, late last year.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Cision Canada
17 minutes ago
- Cision Canada
Sprott Physical Uranium Trust Announces Upsized US$200 Million Bought Deal Financing
TORONTO, /CNW/ - Sprott Inc. (NYSE: SII) (TSX: SII) (" Sprott") on behalf of the Sprott Physical Uranium Trust (TSX: (TSX: U.U) (" SPUT" or the " Trust") is pleased to announce that as a result of strong investor demand, the Trust has amended its agreement with Canaccord Genuity Corp. (the " Underwriter"), pursuant to which the Underwriter has agreed to purchase 11,600,000 units of the Trust (the " Units") at a price of US$17.25 per Unit (the " Offering Price") for aggregate gross proceeds of US$200,100,000 (the " Offering"). The net proceeds per Unit to be received by the Trust will be not less than 100% of the most recently calculated net asset value of the Trust per Unit prior to the determination of the pricing of the Offering. The net proceeds of the Offering will be used by the Trust to acquire physical uranium in the form of uranium oxide in concentrates and uranium hexaflouride and related fees and expenses in accordance with the Trust's objective and subject to the Trust's investment and operating restrictions. Closing of the Offering is expected to occur on or about June 20, 2025 (the " Closing Date"), and is subject to regulatory approval including that of the Toronto Stock Exchange. The Offering will be made: (i) in all of the provinces and territories of Canada (other than Quebec) by way of a prospectus supplement to the Trust's existing base shelf prospectus dated January 3, 2024 (the " Base Shelf Prospectus"), as supplemented by a prospectus supplement (the " Prospectus Supplement" and together with the Base Shelf Prospectus, the " Offering Documents") pursuant to National Instrument 44-101 – Short-Form Prospectus Distributions and National Instrument 44-102 – Shelf Distributions; (ii) in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended (the " U.S. Securities Act") and any applicable securities laws of any state of the United States, to "qualified institutional buyers" as defined in Rule 144A under the U.S. Securities Act; and (iii) in jurisdictions outside of Canada and the United States, in each case in accordance with all applicable laws provided that no prospectus, registration statement or similar document is required to be filed in such jurisdiction. The completion of the Offering shall be subject to the receipt of all necessary regulatory approvals and other conditions listed herein. The Offering Documents will be available at Investors should read the Offering Documents and other documents the Trust has filed for more complete information about the Trust and the Offering. This press release is not an offer or a solicitation of an offer of securities for sale in the United States. The Units have not been and will not be registered under the U.S. Securities Act, or the securities laws of any state of the United States, and may not be offered or sold in the United States absent registration or an applicable exemption from registration. About Sprott Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California and the company's common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol "SII". For more information, please visit About the Trust Important information about the Trust, including its investment objectives and strategies, applicable management fees, and expenses, can be found on its website at Commissions, management fees, or other charges and expenses may be associated with investing in the Trust. The performance of the Trust is not guaranteed, its value changes frequently and past performance is not an indication of future results. Caution Regarding Forward-Looking Information This press release contains forward-looking information and forward-looking statements within the meaning of applicable Canadian and United States securities laws (" forward-looking statements"). Forward-looking statements in this press release include, without limitation, statements regarding the Offering, including the intended use of proceeds from any sale of Units and the timing and ability of the Trust to obtain all necessary approvals in connection with the Offering. With respect to the forward-looking statements contained in this press release, the Trust has made numerous assumptions regarding, among other things: investor demand the uranium market. While the Trust considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors that could cause the Trust's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this press release. A discussion of risks and uncertainties facing the Trust appears in the Offering Documents, each as updated by the Trust's continuous disclosure filings, which are available at All forward-looking statements herein are qualified in their entirety by this cautionary statement, and the Trust disclaims any obligation to revise or update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except as required by law.


Calgary Herald
2 hours ago
- Calgary Herald
Parker: Calgary firm Carbon Upcycling turns industrial waste into valuable cement products
Article content Calgary-based Carbon Upcycling is making great strides in its mission to convert carbon emissions and industrial waste byproducts into valuable, local materials for low-carbon cement production. Its groundbreaking technology offers a productive solution for CO2 emissions and industrial waste materials by upcycling them into low-carbon supplementary cement products. Article content Article content In the few years since it was launched in 2015, the company has attracted the interest of a large number of major cement companies and has forged a strategic partnership with TITAN Group, one of the world's leading international businesses in the building and infrastructure materials industry. Article content The companies entered a memorandum of agreement earlier this month to explore the commercial development of Carbon Upcycling's technology for producing local, low-carbon building materials. The collaboration builds on TITAN's earlier investment in the Calgary company and underscores both companies' shared commitment to accelerating the decarbonization of the building materials industry. Article content 'Expanding the scope of our partnership with Carbon Upcycling from investment to project exploration aims to scale up production of innovative, high-performance cementitious solutions in line with our Green Growth Strategy 2026,' says Leonidas Canellopoulos, chief sustainability and innovation officer of TITAN Group. 'This initiative not only highlights the importance of localized production but also serves as an important model for integrating low-carbon solutions into mainstream industrial processes.' Article content Article content The scientist with the vision of an inclusive, equitable world where carbon is a sustainable resource — shaping the future of humanity — is Apoorv Sinha, co-founder and CEO of Carbon Upcycling. Article content Born in Baha, a small province in the northeast area of India, he was brought up in Kuwait where his father had moved the family to work in the oil and gas industry. Sinha's education took him to the U.S., where he earned his chemical engineering degree at Georgia Institute of Technology. Article content He says he was attracted to Calgary as an energy hub with a reputation for innovation — a good place to build a business. In 2014, along with a couple of friends, they entered an Emissions Reduction Alberta challenge for the most innovative technologies that would convert CO2 emissions into valuable products.


Cision Canada
2 hours ago
- Cision Canada
Cascadia Minerals Ltd. to Hold Investor Webinar with Presentation and Audience Q&A Regarding Granite Creek Merger
VANCOUVER, BC, June 16, 2025 /CNW/ - Cascadia Minerals Ltd. (" Cascadia") (TSXV: CAM) (OTCQB: CAMNF), is pleased to invite investors and other interested parties to attend the Company's upcoming live webinar presentation, audience Q&A and interview with Radius Research. President and CEO, Graham Downs, and VP Corporate Development, Andrew Carne. Will discuss Cascadia Minerals' merger with Granite Creek Copper ("GCX"), and its plans to advance GCX's Carmacks Project. The road-accessible Carmacks Project hosts a high-grade Measured and Indicated Resource containing 651 Mlbs of copper and 302 koz of gold (36.3 million tonnes grading 0.81% copper, 0.26 g/t gold, and 3.23 g/t silver and 0.01% molybdenum, or 1.07% copper equivalent) with a 2023 PEA demonstrating positive economic potential ($230.5M Post-Tax NPV (5%) and 29% Post-Tax IRR at US$1,800/oz gold and US$3.75/lb copper). The webinar will be a live, interactive online event where attendees can ask the presenters questions in real time. A recording will be available for those who cannot join the live event. Event: Radius Research Pitch, Deep Dive, and Q&A with Cascadia Minerals Ltd. Presentation Date & Time: Thursday, June 19 @ 2 PM ET / 11 AM PT Webcast Registration Link: Radius Research gives individual investors access to in-depth CEO interviews with deep-dive institutional-level discussion and Q&A. Radius Research is part of Market Radius Capital, Inc. and hosted by Martin Gagel, a former top-ranked sell-side technology and special situations analyst. About Cascadia Cascadia is a Canadian junior mining company focused on making new copper and gold discoveries the Yukon and British Columbia. Cascadia's flagship Catch Property in the Yukon hosts a brand-new copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold. Catch exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper, 1,065 g/t gold, and 267 g/t silver. In addition to Catch, Cascadia is conducting exploration work at its Macks and Milner properties – recently staked Catch analogues within Yukon's Stikine Terrane which have additional copper porphyry targets. Cascadia has approximately 70 million shares outstanding and its largest shareholders are Hecla Mining Company, Michael Gentile and Barrick Gold. QA/QC The technical information in this news release has been approved by Andrew Carne, VP Corporate Development for Cascadia and a qualified person for the purposes of National Instrument 43-101. The Mineral Resources and economic analysis disclosed here are referenced from the 2023 Technical Report on the Carmacks Project Preliminary Economic Assessment, authored by SGS Canada Inc. for Granite Creek Copper, and have not been independently reviewed by Cascadia. Mineral Resources are reported based on a 0.30% copper cut-off for mineralization classified as in-pit, and a 0.60% copper cut-off for mineralization classified as below-pit. Copper equivalent value assumes metal prices of $3.75/lb copper, $2,000/oz gold, $25/lb silver, $12/lb molybdenum, and recoveries of 82% for copper, 70% for gold, 69% for silver, and 70% for molybdenum. The results of the Carmacks preliminary economic assessment are preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Prospecting grab samples referenced in this release represent highlight results only, and include results from 2024 and previous seasons. Below detection values for copper, gold and silver have been encountered in grab samples in these target areas. For more details on Catch drilling and prospecting results, please see Cascadia's News Releases dated July 25, 2024, and July 19, 2023. On behalf of Cascadia Minerals Ltd. Graham Downs, President and CEO Cautionary note regarding forward-looking statements: This press release may contain "forward-looking information" within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this press release. The Company undertakes no obligation to update forward-looking information, except as required by securities laws. SOURCE Cascadia Minerals Ltd.