OTTAWA, July 11- The Supreme Court of Canada backed the right of the province of Ontario to grant forestry licenses on a tract of traditional native land on Friday after an aboriginal challenge of licenses that had been granted to a lumber company.
OTTAWA, July 11- The Supreme Court of Canada on Friday backed the right of the province of Ontario to grant forestry licenses, after an aboriginal challenge to licenses it had granted to a predecessor of Resolute Forest Products Inc.
VANCOUVER, June 6- A funding technique mostly used to help companies build new mines is moving into the mainstream as a way to pay for acquisitions and could help boost industry deal volumes that have fallen for the past three years.
*To pay 0.525 in stock, equals C $1.12 per share. May 21- Canada's Rio Alto Mining Ltd said on Wednesday it would buy Sulliden Gold Corp Ltd for about C $300 million in an all-stock deal to create a Peru- focused gold miner.
May 21- Rio Alto Mining Ltd said it would buy Sulliden Gold Corp Ltd in a deal valued at about C $300 million, creating a gold miner focused on Peru, the fifth biggest gold producer in the world. The offer values Sulliden at C $1.12 per share, representing a 43 percent premium to the stock's Tuesday close on the Toronto Stock Exchange.
SINGAPORE, May 6- Gold was trading near its highest in three weeks on Tuesday, holding gains from the last two sessions as more intense fighting in Ukraine lifted the metal's safe-haven appeal. *Goldcorp Inc has resumed operations at its Los Filos mine in Mexico after reaching a new five-year occupancy agreement with local landowners.
SINGAPORE, May 2- Gold was steady on Friday after two consecutive sessions of losses, but the metal was headed for its second weekly drop in three on growing optimism about the U.S. economy and selling in the top bullion-backed exchange-traded fund. *Gold is down 1.6 percent for the week.
VANCOUVER, May 1- Goldcorp Inc Chief Executive Chuck Jeannes said on Thursday he was disappointed the company failed in its takeover bid for Osisko Mining Corp but not overpaying for the smaller Canadian miner was the right thing to do.
Gold dropped as investors nervously awaited the Fed's policy statement, with political tensions in Ukraine failing to prompt heavy safe-haven bids.
Some of Wednesday's midday movers:
Gold extended losses for a fourth straight day as outflows from physical gold funds pointed to weak investment appetite.
SINGAPORE, April 22- Copper futures on the London Metal Exchange slipped on Tuesday as the bourse reopened after a long holiday weekend, still pressured by worries over Chinese demand amid a slowdown in the world's top user of the industrial metal.
SINGAPORE, April 22- Gold extended losses into a fourth session on Tuesday, hovering near its lowest in 2-1/ 2 weeks as equities climbed and on outflows from bullion-backed funds.
April 21- A takeover battle for Canada's Osisko Mining Corp, involving three of the world's top gold producers, is more than just a testament to the quality of the company's low-cost mine, it also spotlights a shortage of top-class gold assets in politically stable areas of the world.
Gold ended lower as the dollar gained and accommodative Fed policy counterbalanced worries over the strength of Chinese demand.
SINGAPORE, April 17- Gold held steady just above $1,300 an ounce on Thursday supported by tensions in Ukraine, but the metal was at the risk of adding to recent losses as the world's biggest gold-backed fund saw its sharpest outflow in nearly four months.
Some of Wednesday's midday movers:
Gold logged a weekly gain on sagging risk appetite and increasing hopes the Fed will hold off on raising interest rates as soon as early next year.
SINGAPORE, April 11- Gold was trading near its highest in 2-1/ 2 weeks on Friday, and looked set to log its best week in a month on weaker equities and increasing hopes that the U.S.
TORONTO/ VANCOUVER, April 10- Goldcorp Inc raised its hostile takeover offer for Osisko Mining Corp on Thursday, squeaking above a white knight bid by Yamana Gold Inc and heightening a bidding war that has helped inject life into a depressed gold mining sector.