Joanna Wnuk
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Nexen, Viterra deals separate
Federal agriculture minister Gerry Ritz said on Tuesday that he sees no indication of Chinese attempts to link CNOOC Ltd.'s bid for Nexen Inc with the approval of Glencore International PLC's takeover of Viterra Inc.
Chinese approval is the last remaining hurdle for the Viterra deal, as the company owns a canola-crushing plant in China.
There has been speculation that China would delay the Viterra deal until the Canadian government announced its decision on the Nexen deal.
Gold is getting harder to find
Gold discovery rates are decreasing despite record exploration spending, according to Jamie Sokalsky, chief executive officer of Barrick Gold Corp.
Investors moved back into hedge funds in October
Thanks to recently improved performance, investors put more cash into hedge funds than they withdrew over the past month.
Goldman ponders a leaner future
The firm is relying more on technology and reducing expenses as it contends with new regulations and an uncertain market.
No plan to sell, says Inmet
Inmet Mining Corp. said on Tuesday it is not in talks "with any party" to sell itself or a substantial part of its assets.
The denial was in response to a Daily Mail report that suggested the company had held informal merger talks with First Quantum Minerals Ltd.