Fording battle ends in peace (January 20, 2003)
The heated battle for Calgary-based coal miner Fording (FDG-T) has ended with a truce that would see rival bidders combine their respective metallurgical coal assets under the banner Fording Canadian …
Fording Canadian Coal Trust
Sherritt sweetens Fording offer
Looking to deliver a deathblow in the bidding war for Calgary-based coal producer Fording (FDG-T), the Sherritt Coal Partnership II has boosted the cash component of its $35-per-share bid.The partners…
Gold shines as Iraqi stalemate continues
Profit-takers outnumbered investors over the Dec. 4-11 report period, causing the Toronto Stock Exchange composite index to lose 43.41 points. The index finished the week at 6,597.20.Gold, buoyed by n…
Fording courts suitors to thwart Sherritt takeover
The Toronto Stock Exchange Composite Index slipped 70.37 points to end the Nov. 6-12 report period at 6,329.27.The TSE’s gold index was up 5.39 points, partly on the back of a US$5.70-gain in the pric…
Anaconda writedown sinks Sherritt
A $29.8-milllion writedown on its investment in troubled Aussie laterite nickel miner Anaconda Nickel sent Sherritt International (S-T) $1.1 million into the red during the three months ended Sept. 30…
Sherritt, Ontario Teachers put Fording on notice
Fording, Canada’s largest producer of export coal, took centre-stage in the Oct. 16-22 report period, becoming the latest takeover target of Sherritt International and the Ontario Teacher’s Pension Pl…