Ivanhoe Mines (IVN.TO) may sell shares or debt, sell off a subsidiary or look at other options as it continues to develop its huge gold and copper mine in Mongolia, the company said on Wednesday.
Canada's Bellatrix Exploration Ltd (BXE.TO) said it would raise C$40 million ($38.57 million) in bought deal financing to fund expansion of its capital program.
Publishing and events group Reed Elsevier (REL.L)(ELSN.AS) is in advanced talks to sell some of its loss-making trade magazines and will close other titles during the first half of 2010, according to an internal memo.
Ivanhoe Mines may sell shares or debt, sell off a subsidiary or look at other options as it continues to develop its huge gold and copper mine in Mongolia, the company said on Wednesday.
Consumer confidence is strongest in emerging Asia, Brazil and Australia, but weakened slightly in the United States in the fourth quarter as Americans worried about job security, a survey showed on Wednesday.
Two hundred and fifty years ago, the earth opened up in this little known corner of northwest British Columbia. Molten lava oozed and spewed from the pores of the earth, consuming some 2000 Nisga’a (pronounced nish-ga) people. And these days, in a
ARC Energy Trust (AET_u.TO) said on Tuesday it had raised C$252 million ($242 million) in a bought deal equity offering to help pay off the acquisition of natural gas assets in December.
There is appetite for initial public offerings in Canada, but activity remained slow as 2009 drew to a close, a survey by PricewaterhouseCoopers showed on Tuesday.
Canada-listed coal miner SouthGobi Energy Resources (SGQ.TO) plans to raise about $400 million from a Hong Kong initial public offering this month, according to a term sheet obtained by Reuters.
By this time next week, James Cameron should have the two highest-grossing films in history.
Canadian mid-tier gold miner Iamgold Corp said on Monday that Chief Executive Joseph Conway has resigned effective Jan. 15 and will be replaced on a temporary basis by board member Peter C. Jones.
PetroBakken Energy Ltd (PBN.TO) said on Monday it is buying smaller Berens Energy Ltd (BEN.TO) for C$271 million ($261 million) to establish a position in a prolific but technically challenging oil prospect in Alberta.
Avatar sped past the $1 billion mark at the worldwide box office after three weekends in release, making it the fourth-biggest movie of all time, according to data released on Sunday.
EUR/USD opened lower trading in a limited range during the shortened holiday week. The pair made a weekly high on Tuesday trading up to 1.4457 after release of U.S. housing data from S&P/Case-Shiller showed a 0.4% rise to a seasonally-adjusted 145.36 in October. The index was off 7.3% versus October of last year, slightly worse that the market's -7% Y/Y consensus. Also on Tuesday, European Central Bank Governing Council member and Luxembourg Central Bank head Yves Mersch wrote in a New Year's me...
The C$16.2 billion ($15.4 billion) Mackenzie pipeline in Canada's Arctic should be allowed to proceed, provided 176 recommendations aimed at securing socioeconomic benefits and minimizing environmental damage are followed, regulators ruled on Wednesday.
Canadian home resale prices rose for a sixth straight month in October on gains in all six major metropolitan markets surveyed, according to a report on Wednesday.
Saudi Arabia has quit a long-held lease for 5 million barrels of Caribbean oil storage near the key U.S. market and state giant PetroChina is poised to move in, industry sources say, a potentially major shift in global oil trade dynamics.
The International Trade Commission said on Tuesday that it would investigate allegations by Prism Technologies that BlackBerry maker Research in Motion violated one of its patents.
Canadian mining stocks jumped on Tuesday after Corriente Resources Inc (CTQ.TO), which has a copper-gold project in Ecuador, agreed to be taken over by Chinese suitors in their country's latest bid for an international resource developer.
From the German town that unwittingly advertised pornography on its website to the American who interrupted his wedding to update his Facebook and Twitter accounts, the world was full of weird stories in 2009.
Canada's International Royalty Corp (IRC.TO) said on Tuesday Royal Gold's (RGLD.O) C$749 million ($719.5 million) offer to buy the company is superior to Franco-Nevada's (FNV.TO) unsolicited bid.
The 3-D extravaganza Avatar ruled the worldwide box office for a second weekend on Sunday, while the latest exploits of Alvin and the Chipmunks and Sherlock Holmes helped set a North American sales record.
