Potash Corp. of Saskatchewan Inc. (TSE:POT), the world’s second-largest producer of its namesake fertilizer, and Agrium Inc. (TSE:AGU) are planning to merge, people familiar with the matter said, as the companies battle falling prices and a decline in spending from farmers.
Ivanhoe Mines Ltd. (TSE:IVN) announced Monday it will seek “strategic advice” after receiving unsolicited interest in the company and its projects from “significant mining industry participants” in Asia, Europe and Africa.
Goldcorp (TSE:G), the company that bought the Kaminak Gold Corporation and its mineral claims south of Dawson City, says it is gradually ramping-up the number of staff in the Yukon.
Rusoro Mining Ltd. (CVE:RML) says an international arbitration tribunal has ordered Venezuela to pay it more than US$1.2 billion after unlawfully expropriating the company’s gold mines in that country.
Bank of Montreal (TSE:BMO) on Tuesday reported quarterly results which beat analysts' expectations, benefiting from strength in its commercial banking and capital markets businesses.
So far, 2016 has been kind to the TSX Venture Exchange. The index has increased 58.92 percent year-to-date, which is a rise of 309.74 points to 835.50.
A Canadian man who prosecutors said led schemes that used call centers around the world to defraud investors was sentenced on Wednesday to 6-1/2 years in prison in a case that stemmed from one of the largest penny stock investigations in U.S. history.
Less than a year after the coal industry was declared to be in terminal decline, the fossil fuel has staged its steepest price rally in over half a decade, making it one of the hottest major commodities.
The largest shareholder in $1.69 billion McEwen Mining Inc., is betting his company and other smaller competitors will reap more gains from the next commodities upswing than debt-laden behemoths dominating the industry.
Calgary-based Gibson Energy (TSE:GEI) has confirmed it received an unsolicited acquisition proposal from overseas but that it is not interested in selling.
