Vale in increase nickel production at strike-bound operations after vote
SUDBURY, Ont. - Vale said Friday it plans to increase nickel production at its strike-bound operations in Sudbury, Ont., after workers voted to reject the company’s latest contract offer.
More than 3,000 production and maintenance workers represented by the United Steelworkers have been on...
Friday , March 12, 2010
Goldcorp reports record 2009 production, aggressive growth strategy
Goldcorp Inc. is spending $40 million this year to develop its recently acquired El Morro gold-and-copper project in Chile, despite a dispute over ownership of the project with the world’s largest gold miner.
Goldcorp (TSX:G) chief operating officer Steve Reid said Friday the company has s...
Friday , March 12, 2010
Growing transportation demand suggests global freight recession over: analysts
MONTREAL - A recent surge in demand for rail, truck and air transportation suggests the global freight recession may have ended, industry analysts said Friday.
After bottoming out in the second quarter of 2009, demand has materially strengthened over the last four weeks, says a report from...
Friday , March 12, 2010
Americas Petrogas to raise $7 million in bought deal financing
CALGARY - Americas Petrogas Inc. (TSXV:BOE), a junior Calgary resources company, says it has struck a bought deal with a group of underwriters to issue more than 8.6 million shares at 81 cents each to raise more than $7 million.
The company’s shares were halted on the TSX Venture Exchange ...
Friday , March 12, 2010
McCoy Q4 loss reduce despite a drop in revenue; looks into global expansion
EDMONTON - McCoy Corp. (TSX:MCB) will continue looking into expanding globally in the year ahead after conducting a strategic review and posting a narrower fourth-quarter loss, the company said Friday.
"McCoy continues to drive its commitment toward geographic revenue diversification," the...
Friday , March 12, 2010
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