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Miners forced to get creative as traditional financing sources dry up
Sandstorm Gold, along with larger rivals such as Franco-Nevada Corp. and Silver Wheaton Corp., acquire a portion of a miner's future cash flow in exchange for upfront cash necessary to build the mines.
New bank misdeeds show financial industry in need of overhaul
So far, the Bank of America Corp., JPMorgan Chase & Co., UBS AG, Wells Fargo & Co. and GE's former trading unit called GE Funding have paid $743 million to settle a criminal probe and civil claims for conspiring to rig bids on U.S.
JPMorgan's trading loss doubles to $4.4-billion as 'London Whale' leaves bank
They include the U.S. Securities and Exchange Commission, the UK's Financial Services Authority, the FBI, the Federal Deposit Insurance Corp, the U.S. Commodity Futures Trading Commission, the U.S. Treasury's Office for the Comptroller of the Currency, ...
Scathing US report won't change Ottawa's mind on Northern Gateway
VANCOUVER - A scathing report out of the United States that criticized just about every aspect of Enbridge Inc.'s response to a pipeline spill in Michigan won't change the Canadian government's support for the company's proposed Northern Gateway ...
Toronto housing market still frothy as new home prices rise
ReutersA Royal LePage Real Estate survey this week said the Canadian market seemed to be at a tipping point, noting housing prices could not grow faster indefinitely than salaries and the underlying economy.
95 things you probably didn't know about Canadian business
ReutersNortel Corp was Canada's biggest company ever - worth $380-billion at its height - an astounding amount, considering the company now languishes in bankruptcy proceedings.
As IMF trims global growth outlook, Canada continues modest growth
Brent Lewin/Bloomberg filesThe Canadian growth rates forecast by the IMF are below the Bank of Canada's call of 2.4% both years, but in line with most private sector economists, who have been downsizing expectations the past few months.
Buffett says euro doomed unless 'fatal flaw' fixed
David Paul Morris/Bloomberg Bill Gates, chairman and founder of Microsoft Corp., left, and Warren Buffett, chairman of Berkshire Hathaway Inc., take a stroll during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S. this week.
RIM shareholders re-elect board at annual meeting
Geoff Robins/AFP PhotoRIM president and CEO Thorsten Heins speaks with board chair Barbara Stymiest during the Research in Motion annual general meeting in Waterloo, Ont.
Scandal-hit banks fighting for confidence of nervous savers
Shaun Curry/AFP/Getty ImagesUK and U.S. authorities handed Barclays a US$450-million fine last month, on top of the 100 million pounds the lender had spent on in-house investigations.