13 hrs ago | Sympatico Finance
Barrick to buy Cadence Energy for C$410 million
Barrick Gold Corp said on Thursday it submitted a formal offer to buy Cadence Energy Inc for C$410 million as it looks for ways to mitigate the rising energy costs.
Wilkins resigns as president and CEO of Barrick, named executive vice-chairman
Barrick Gold Corp.'s Greg Wilkins, who has been on medical leave since March, resigned as president and chief executive on Friday and was named executive vice-chairman of the gold miner.
Cadence Energy endorses $6.75-per-share takeover bid from Barrick Gold
Barrick Gold Corp. has raised its takeover bid for Cadence Energy Inc. by 75 cents per share and the board of the Calgary oil and gas company has endorsed the $6.75-per-share proposal.
Reuters Canada Business Summary
Soaring oil prices will push Canada's inflation higher until it peaks at 4.3 percent in early 2009, the Bank of Canada said on Thursday, while this year's second-quarter economic growth is expected to come in ...
It Takes Black Gold to Mine Gold
The idea is so wonderfully simple, it seems incredible in retrospect that it took this long for a mining company to take the oil bull by the horns.
Precious Metals Bulls For July 15
Record oil and gas prices, along with a faltering U.S. economy and weakening dollar, have helped to move the price of gold and other precious metals higher over the past year.
Oil's rise spurs Barrick to try a radical solution
Barrick Gold Corp's move to cut its oil bill by buying a small oil producer suggests a radical shift in thinking for miners facing soaring costs, and for junior energy companies it may present a whole new ...
Barrick launches $354M bid for Cadence Energy
Seeking to cut its energy costs, Barrick Gold Corp. said Monday it has launched a proposal for a $354-million takeover bid for Cadence Energy Ltd., topping a $300-million offer from Daylight Resources Trust.
International Royalty completes Rio Tinto Australian royalty acquisitions
AMEX:ROY TSX:IRC DENVER, CO, July 14 /CNW Telbec/ - International Royalty Corporation today announced the closing of the Australian royalties from IRC's December 2007 acquisition of the Rio Tinto royalty ...
Barrick Gold: Upstart to low-risk giant
Barrick Gold founder Peter Munk, centre, celebrates the company's listing on the New York Stock Exchange in 1987.
Cadence Announces Receipt of Unsolicited Conditional Acquisition Proposal
CALGARY, July 14 /CNW/ - Cadence Energy Ltd. announces today that it has received an unsolicited conditional acquisition proposal to acquire all of the issued and outstanding common shares of Cadence at a cash ...
Canada Stocks Extend Weekly Decline, Led by Scotiabank, Research In Motion
Canadian stocks fell, pushing the main stock index to its longest weekly losing streak in six years, as finance shares led by Bank of Nova Scotia slid on concern that fallout from the U.S. mortgage crisis is ...
Most actively traded companies on Canadian stock markets
Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange : Bombardier Inc.
As fundamentals-focused long-term investors, Fools never base an investment decision on the daily gyrations of the market.
You Are About to Make a Bad Investment
Don't you invest in that just because it's popular right now. I'm warning you. Across 10 asset classes, over a near-40-year time horizon, and in increments of three, five, and 10 years, there's one investment ...
Gold prices drop on dollar's strength, gold stocks show mixed results
Houston - The dollar gained Monday as world leaders met in Japan for the G-8 Summit which caused gold stocks and gold futures to tumble, accept on the AMEX, where a handful of gold exploration companies gained.
Citi raises copper and coal forecasts, hikes EPS estimates
Citigroup on Tuesday upped its forecasts for copper and metallurgical coal and also increased earnings-per-share estimates for mining companies Freeport McMoRan Copper and Gold , Teck Cominco , Barrick Gold ...
TSX 60 GAINERS Fording Canadian Coal Trust FDG.U +107.0% Potash Corp. of Saskatchewan POT +50.6% Agrium Inc.
Gold ETFs Glittering As Inflation Heats Up
Gold prices rose $2 Wednesday to close at $946, their highest level in 10 weeks.
Dow Average Futures Decline as Oil Advances; Wal-Mart, Ford Drop in Europe
Futures on the Dow Jones Industrial Average dropped, indicating the 30-stock index will extend its biggest June decline since 1930, as higher oil prices sent shares of Wal-Mart Stores Inc.