Canico Resource Corp

CVRD secures control of Canico

Vancouver Diversified Brazilian miner Companhia Vale do Rio Doce (CVRD) has acquired 42.1 million shares of Canic…



Metals gain in firming market

An end-of-week rally saved the Toronto stock market from posting a loss during the reporting period Nov. 8-14. A broad-based recovery brought the TSX Composite Index back to 10,684.72, for a net gain…



Canico says no to Brazil’s CVRD

The board of directors of Canico Resource (CNI-T) has unanimously recommended that its shareholders reject an unsolicited takeover offer from diversified Brazilian miner Co…


TSX suffers resource slump

The Toronto Stock Exchange lost another 58.71 points to end the Oct. 11-17 report period at 10,553.44. The gold index plunged 8.12 points, or 3.7% to 212.2 points as the yellow metal edged US$1.80 per…


Energy stocks lead TSX down

The Toronto Stock Exchange finished the 4-day trading period Oct. 4-7 down more than 4%, as prices of energy stocks went off the cliff. The composite index was down 468.69 points at 10,612.50, with oi…


Canico rejects Brazilian bid

The board of directors of Canico Resource (CNI-T) has unanimously recommended that its shareholders reject an unsol…


CVRD bids for Canico (September 26, 2005)

Diversified Brazilian miner Companhia Vale do Rio Doce (RIO-N) has made a takeover offer for nickel developer Canico Resource (CNI-T) to gain control of the Ona-…