Finance News Follow us to find the latest Finance news

TORONTO ? Some from the global gold industry is retrenching, one of China’s leading producers continues to eye big global growth. “We wish to become a global leading company,” George Fang, executive director of Zijin Mining Group Co. Ltd., told a crowd in the Prospectors and Developers Association of Canada (PDAC) conference in Toronto. It would be a rare public ...

Mining entrepreneur Lukas Lundin includes a well-earned track record of succeeding in places where others won’t tread. Even, it appears, Ecuador. When his company Lundin Gold Inc. bought the Ecuador-based Fruta del Norte (FDN) project in 2014, it raised lots of eyebrows. Ecuador, in the end, was one of the most inhospitable places in the world for mining investment in ...

No concern is causing more concern for miners right now than use of capital. So a full house was available to hear from a panel of well-known Bay Street bankers, who gave their thoughts about the state of mining financing and also the broader health of the profession. The speakers included Egizio Bianchini (BMO Capital Markets), Peter Collibee (Scotia Capital), ...

Aubrey McClendon awoke that Tuesday, as he had 10,000 times before, prepared to work an offer. Aubrey McClendon dies at 56: Former Chesapeake CEO would be a mythical character who pioneered the shale revolution Aubrey McClendon was the face of the nation’s gas boom, a swashbuckling innovator who pioneered a shale revolution. Continue reading. McClendon, co-founder of Chesapeake Energy Corp., ...

TORONTO – Store closing sales start Tuesday at the remaining Danier Leather stores and outlets in Canada. How the rise of puffy parkas in Canada resulted in the downfall of Danier Leather Underpinning all of Danier’s woes in recent years was the rise of the now-ubiquitous puffy parka, turned into a Canadian fashion staple by Canada Goose more than 5 ...

The battle for that support of Rona’s preferred shareholders – who in the takeover by Lowe’s are now being offered $20 per share, a $5 discount towards the original cost – is set to get a a bit more interesting three weeks prior to parties gather in Montreal to approve the transaction. This week, and perhaps as soon as Thursday, ...

Whole Foods Market Inc.’s digital push seems to be paying down. The retailer of organic and natural foods and merchandise launched its first digital couponing program on January 28 with version 7.0 of their online app, and thus far, the numbers look pretty good. Since the company’s formal announcement on February 10, daily downloads surged from approximately 1,000 to 5,000 ...

OTTAWA -The divergence of economic policy in North America is widening. Canada's economy not from the woods yet: What analysts say about today’s rate decision What does today’s decision mean for future rate hikes, our rising loonie and also the outlook for that economy? Economists give their takes While Canada’s central bank is holding off adjusting its key interest rate ...