Cameco closes Nukem acquisition
It took longer than expected, but Cameco (CCO-T, CCJ-N) has cleared all its regulatory hurdles and acquired nuclear fuel trader Nukem Energy GmbH.
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Harry Winston sells jewellery arm to Swatch for $1 billion
Eight years after getting into the jewellery sector Harry Winston Diamond (HW-T) is locking in its gains and getting out, selling its luxury retail unit to Switzerland’s Swatch Group in a $1-billion deal.
ARMZ’s $1.3B offer for Uranium One too low, analysts say
Uranium One (UUU-T) shareholders should “demand higher compensation” from majority owner ARMZ, which is bidding $1.3 billion to take the company private, one analyst says.
Clifton Star hits PEA milestone at Duparquet
VANCOUVER — The way forward continues to come into focus for junior explorer Clifton Star Resources (CFO-V) at its multi-million ounce Duparquet gold property in northwestern Quebec — 50 km by road to the north of the mining town of…
[Update] Brigus looks to a brighter 2013
Brigus Gold (BRD-T, BRD-X) has hit its 2012 production target and is eyeing more gold production and growth in the new year.
Eritrea can be risky business, NGO says
Strong preventive measures against hiring forced labour are essential for mining companies with projects in Eritrea, a new report from Human Rights Watch says.
TSX gains during Jan.7-11
The S&P/TSX Composite Index rose 0.5% or 61 points during the Jan. 7–11 week to close at 12,602.18.
Commentary: The case for random alcohol testing by employers in dangerous workplaces
On Dec. 7, 2012, the Supreme Court of Canada heard argument on the subject of random alcohol testing by employers in dangerous workplaces. The case arose from a union grievance and arbitration challenging the policy of Irving Pulp & Paper…
Harry Winston sells jewelry arm to Swatch for $1 billion
VANCOUVER – Eight years after getting into the jewelry sector, Harry Winston Diamond (HW-T) is locking in its gains and getting out, selling its luxury retail unit to Switzerland’s Swatch Group in a $1-billion deal.
TSX Venture continues to climb, Jan. 7-11
VANCOUVER — The S&P TSX Venture Composite Index posted a second consecutive gain during the Jan. 7-11 trading period, rising 0.98% to 1,240.25 points for a 12.02 point weekly jump.
Investors like Guyana Goldfield’s new Aurora plan
VANCOUVER – After a first feasibility study scared investors with its steep price tag and shaky economics, Guyana Goldfields (GUY-T) took its Aurora gold project back to the drawing board.
U.S. equities remain positive, Jan. 7-11
U.S. equities remained resilient in the wake of the Jan. 2 settlement of the fiscal cliff debate, but the rally slowed slightly ahead of earning season. The Dow Jones Industrial Average gained 0.4% to close at 13,488.43, while the S&P 500…