Canada to closely monitor potential Potash Corp takeover

The Canadian government is keeping a close eye on a potential foreign takeover of Potash Corporation of Saskatchewan, Industry Canada said on Tuesday. BHP Billiton has proposed a $130 a share offer for Potash Corp, which would value the company...

Kinross buys B2Gold's right to Kupol exploration licences

Vancouver-based B2Gold will sell its right to an interest in two exploration licence areas surrounding Kinross Gold's Kupol mine to the larger miner, the two companies announced on Friday. Under the terms of a previous agreement, Kinross had...

HudBay sees mid-2010 decision on Guatemala nickel project

Canadian base-metals miner HudBay Minerals expects to make a final decision on whether to proceed with the Fenix nickel project, in Guatemala, around the middle of next year, CEO Peter Jones said on Wednesday. The company is trying to come up...