Newmont offers special dividend if Goldcorp takeover approved
The one-time special dividend, worth $470 million, will be given to Newmont's shareholders only if its friendly takeover of Canada’s Goldcorp is approved.
Four months after having its Keystone XL pipeline project rejected by the Obama Administration, TransCanada Corp. is taking another crack at the $7.6-billion project.
Matt Manson, Stornoway's President and CEO, stated: "This financing announcement is another important milestone in the development of Quebec's first diamond mine. This loan will provide Stornoway with good funding flexibility as we begin the ramp-up to the capital programs anticipated at Renard in 2013 and 2014.
Fluor Corporation (NYSE: FLR) announced today that it was awarded a contract from Teck (NYSE: TCK) to provide engineering, procurement and construction management (EPCM) services for the Highland Valley Copper Mill Optimization project in British Columbia, Canada.
Pretium Resources, a gold junior developing the Brucejack and Snowfield properties in British Columbia, today raised $70 million through a share offering.
PotashCorp chief executive Bill Doyle threw down a challenge to rival BHP Billiton today, saying in an interview with The Financial Post that he doesn't believe the world's biggest miner is able to establish a potash beachhead in Canada with its Jansen mine.