Calgary energy producer Penn West Petroleum Ltd. is facing the prospect of a messy battle for control of the company just as it copes with an accounting scandal and allegations of manipulating stock options.
Toronto-headquartered Seabridge Gold Corp. has won provincial environmental approval for its $5.3-billion proposal to tap a massive copper and gold deposit 65 kilometres north of Stewart in British Columbia's remote Northwest.
Intact Financial Corp. saw a healthy increase in its second-quarter profits compared with the same quarter last year, when the insurance company was affected by extensive flooding in Alberta.
More than five years into a �normal� recovery is when most economies are growing healthily and beginning to sow the seeds of their next recession.
Barrick Gold Corp. (ABX) appointed former Goldman Sachs Group Inc. Vice Chairman J. Michael Evans as a director, joining his former colleague John Thornton on the board of the world's largest miner of the precious metal.