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BUSINESS TICKER / NORTH AMERICA / RESOURCES Teck Resources Ltd. said asset sales and higher revenue due to strengthening commodity prices led to a surge in profit in the first [...]

Byline: ALLAN ROBINSON MAINSTREET EQUITY CORP. (MEQ-TSX) Yesterday's close $7.93, up 11 cents Mainstreet Equity Corp. has shown an ability to buy and upgrade underperforming properties with the recent sale [...]

Byline: ALLAN ROBINSON AURIZON MINES (ARZ-TSX) Yesterday's close $4.45, down 9 cents Aurizon Mines Ltd. operates the Casa Berardi gold mine in northwestern Quebec. Successful exploration efforts should extend higher-grade [...]

Byline: ANDY HOFFMAN MINING / URANIUM MINING REPORTER China has become the world's largest buyer of uranium on the spot market as the Asian superpower presses ahead with construction of [...]

Byline: Reuters BUSINESS TICKER / INTERNATIONAL Shares in Rio Tinto PLC fell yesterday after China stepped up its spying allegations against the company, although Australia's Foreign Ministry said the latest [...]

Business Ticker: NORTH AMERICA: RESOURCES: MINING Goldcorp tops targets on rise in gold sales Vancouver-based miner Goldcorp Inc. G-T reported earnings rose 27 per cent in the first quarter. The [...]

Byline: AP Business Ticker: NORTH AMERICA: RESOURCES: MINING Freeport-McMoRan 1st-quarter profit plunges Freeport-McMoRan Copper & Gold Inc. yesterday reported a 96-per-cent drop in first-quarter profit as the global recession drove [...]

Byline: The Canadian Press SASKATOON -- Cameco Corp., the world's largest uranium miner, reported its profit in the fourth quarter was cut nearly in half, though revenue rose sharply. The [...]

Byline: AP BHP Billiton Ltd., the world's biggest mining company, warned yesterday of continued volatility in commodities markets and falling demand for its products after reporting a 56.5-per-cent drop in [...]

Byline: Bloomberg Goldcorp Inc. reported third-quarter earnings that trailed analysts' estimates after labour and energy costs surged. Profit, excluding a $240.2-million (U.S.) foreign-exchange gain on future taxes, was 9 cents [...]

Byline: AP Newmont Mining Corp. reported a 51-per-cent drop in third-quarter profit as its chief executive officer reaffirmed the gold mining giant's 2008 forecast but said they may rethink some [...]

Byline: Reuters Inmet Mining Corp. said yesterday its third-quarter profit fell a larger-than-expected 35 per cent due to weaker copper and zinc prices and higher costs. The Canadian metals producer [...]

Byline: ROBERT GUY MATTHEWS Mining company Rio Tinto PLC pointed to a doubling of first-half net profit to a record as proof that it should resist a takeover by larger [...]

Byline: Bloomberg BHP Billiton Ltd. posted a 30-per-cent gain in second-half profit after boosting production of crude oil and metals to benefit from rising prices driven by demand from China. [...]

Byline: John Partridge Cameco Corp.'s second-quarter profit fell nearly 30 per cent in the second quarter as lower sales volumes for both yellowcake and nuclear fuel services more than offset [...]

Byline: Reuters Eldorado Gold Corp. said yesterday its second-quarter profit eased by 5.9 per cent, but the miner's shares rose as its production topped expectations. Profit was hurt by the [...]

Byline: Bloomberg Teck Cominco Ltd., Canada's largest diversified mining company, may use wind or natural gas to power its biggest zinc facility as rising diesel costs curb profit from the [...]

Byline: AFP BHP Billiton Ltd. said yesterday its production of seven raw materials, including copper and iron ore, hit record levels in the 12-month period to the end of June. [...]

UP +22% Gold Eagle Mines Ltd. soared after Agnico-Eagle Mines Ltd. agreed to invest $50-million in the company through a private placement. Agnico-Eagle now holds a 7.2-per-cent interest in Gold [...]

Byline: ALLAN ROBINSON A plunge in gold bullion prices since mid-April has resulted in a selloff in the shares of Canadian gold mining companies scheduled to unveil their first-quarter results [...]

Byline: BRENDA BOUW; The Canadian Press VANCOUVER -- Mining and metals company Teck Cominco Ltd. is predicting record earnings in the coming quarters due to strong demand for resources in [...]

(Down) Financials, gold stocks snap TSX rally The S&P/TSX composite index snapped a six-day rally, led lower by financial shares and gold miners. Royal Bank of Canada fell to the [...]

Byline: CP Lundin Mining Corp. reported a fourth-quarter loss of $436.6-million (U.S.) based on $491.9-million in writedowns related to its merger with EuroZinc and acquisition of Rio Narcea. While the [...]

Byline: Associated Press ZUG, SWITZERLAND -- Mining company Xstrata PLC has confirmed it's in talks to be taken over by Brazil's Companhia Vale do Rio Doce as it announced a [...]

Byline: AP Newmont Mining Corp., one of the world's largest gold producers, said yesterday it swung to a loss in the fourth quarter because of a $1.1-billion (U.S.) writedown and [...]

Byline: The Canadian Press VANCOUVER -- Lundin Mining Corp. stock sank yesterday after the company warned that its fourth-quarter revenue will miss analysts' estimates and costs will be higher than [...]

Byline: ROBERT GUY MATTHEWS; Jeffrey Sparshott contributed to this article Mining giant Rio Tinto PLC reported an 11-per-cent rise in profit for the second half of last year as rising [...]

Byline: Dow Jones Newswires Merrill Lynch cut its rating on Teck Cominco Ltd. to 'neutral' from 'buy,' citing factors such as the company's lower-than-expected fourth-quarter earnings and its 2008 production [...]

Byline: David Berman Market Blog took a skeptical view of Cameco Corp. last Thursday, after the Canadian uranium producer missed earnings expectations in its fourth-quarter results. This elicited a firm [...]

(DOWN) Energy and metals producers pace composite's drop The S&P/TSX composite index declined 2.1 per cent yesterday, the most in almost two months, led by EnCana Corp., Teck Cominco Ltd. [...]

DOWN Wall Street correction now official U.S. stocks plunged, pushing the decline from this year's record highs to more than 10 per cent, meeting the definition of a correction. Financials [...]

DOWN Commodity stocks pace decline on composite index The S&P/TSX composite index fell 1.4 per cent, led by Teck Cominco Ltd. and other commodity producers, on concern that tighter global [...]

Byline: CP HudBay Minerals Inc. is keeping an eye out for acquisitions abroad although it would be even happier to find a suitable target closer to home, the company's CEO [...]

Byline: ANDY HOFFMAN; MINING REPORTER Kinross Gold Corp. shares slipped 3.5 per cent yesterday after reporting that third-quarter profit fell 22 per cent. Earnings at the Toronto-based miner fell to [...]

Byline: Reuters Agnico-Eagle Mines Ltd. said yesterday its third-quarter profit fell as a stronger Canadian dollar pushed up costs, while byproduct zinc prices were lower. The Canadian gold and base [...]

UP Bay Street on a roll Canadian stocks rose for a third day as takeovers in technology and mining spurred merger speculation. Cognos Inc. jumped after SAP AG said it'll [...]

Byline: DAVID PARKINSON The global appetite for Canada's currency threatens to take a bite out of Canadian mining stocks, UBS Securities Canada Inc. warned yesterday. The investment bank lowered its [...]

Byline: Reuters Irish building materials group CRH PLC posted a better-than-expected 27-per-cent rise in first-half profit yesterday and predicted strong growth for the full year thanks in part to acquisitions. [...]

Byline: Bloomberg FNX Mining climbed 6.8 per cent yesterday for a weekly gain of 17 per cent, the first in six weeks. The nickel explorer was raised to 'buy' from [...]

Byline: Reuters BHP Billiton Ltd., the world's biggest miner, posted a 19-per-cent jump in second-half profit yesterday on surging sales of copper, iron ore and coal, and pegged future growth [...]

Byline: Bloomberg Anglo American PLC, the world's second-biggest mining company, reported record profit, announced a $4-billion (U.S.) stock buyback and said it may sell the Tarmac asphalt unit. Profit climbed [...]

Byline: Bloomberg Rio Tinto Group, the world's third-largest mining company, said first-half profit fell more than analysts estimated after costs rose and copper production and Australian coal sales declined. Profit [...]

Byline: CP Inmet Mining Corp. yesterday reported profit of $138-million or $2.86 a share, up from $132-million or $2.74 in the same quarter last year. The company attributed the increase [...]

Byline: DJ RWE AG, Germany's largest electricity producer by generation capacity, yesterday reported a 49.5-per-cent rise in first-quarter profit, driven mainly by profit at its power generation unit, RWE Power. [...]

Byline: Canadian Press TORONTO -- Kinross Gold Corp. is in the 'sweet spot' of a surging gold industry, chief executive officer Tye Burt says of the miner's 670-per-cent jump in [...]

Byline: Bloomberg Cameco Corp. said first-quarter profit fell 47 per cent from a year earlier. Cameco forecast higher sales in the second quarter. Profit fell to $59-million, or 16 cents [...]

Byline: Leonard Zehr Merrill Lynch & Co. has acknowledged that it was a tad optimistic in earlier forecasts of year-over-year gold industry profit growth this year. It now sees little [...]

Byline: Reuters Goldcorp Inc. reported a smaller fourth-quarter profit yesterday, as the company, one of the world's top 10 gold miners, was hit by a $175-million (U.S.) writedown related to [...]

Byline: Bloomberg Canadian stocks rose for the first time in four days, amid a global rebound in equities, on speculation a week-long selloff created buying opportunities. Commodity producers including Goldcorp [...]

Byline: Reuters Agnico-Eagle Mines Ltd. posted a much bigger fourth-quarter profit yesterday, lifted by higher prices for precious and base metals. The gold and base metals producer said profit surged [...]