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Kyrgyz Republic says it took control of Kumtor gold mine due to Centerra 'abdication'

Kyrgyz Republic says it took control of Kumtor gold mine due to Centerra 'abdication'

CALGARY — The Kyrgyz Republic says it is taking control of the Kumtor gold mine for three months effective immediately in view of the "abdication of its fundamental duties of care" by Canadian owner and operator Centerra Gold Inc.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,507.05, up 32.40 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 26 cents, or 1.01 per cent, to $25.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,507.05, up 32.40 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 26 cents, or 1.01 per cent, to $25.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,507.05, up 32.40 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 26 cents, or 1.01 per cent, to $25.
CP Rail's largest shareholder urges CN Rail to abandon bid for Kansas City Southern

CP Rail's largest shareholder urges CN Rail to abandon bid for Kansas City Southern

TORONTO — Canadian Pacific Railway Ltd.'s largest shareholder has called on CN Rail to drop its bid for Kansas City Southern because of the sizable break fee CN Rail would be forced to pay if its voting trust is not approved by the U.S.
Cenovus royalty sale first in plan to sell assets to reduce debt after Husky takeover

Cenovus royalty sale first in plan to sell assets to reduce debt after Husky takeover

CALGARY — Cenovus Energy Inc. is selling an Alberta production royalty interest to Topaz Energy Corp. for $102 million, the first step in a plan to sell non-core assets to retire debt in the wake of its takeover of Husky Energy Inc. early this year.
Cenovus royalty sale first in plan to sell assets to reduce debt after Husky takeover

Cenovus royalty sale first in plan to sell assets to reduce debt after Husky takeover

CALGARY — Cenovus Energy Inc. is selling an Alberta production royalty interest to Topaz Energy Corp. for $102 million, the first step in a plan to sell non-core assets to retire debt in the wake of its takeover of Husky Energy Inc. early this year.
Cenovus royalty sale first in plan to sell assets to reduce debt after Husky takeover

Cenovus royalty sale first in plan to sell assets to reduce debt after Husky takeover

CALGARY — Cenovus Energy Inc. is selling an Alberta production royalty interest to Topaz Energy Corp. for $102 million, the first step in a plan to sell non-core assets to retire debt in the wake of its takeover of Husky Energy Inc. early this year.
S&P/TSX composite rises to all-time high while U.S. markets lose ground

S&P/TSX composite rises to all-time high while U.S. markets lose ground

TORONTO — The technology and renewable energy sectors pushed Canada's main stock index to all-time records Tuesday as the loonie hovered around 83 cents US, its highest level in six years. The Canadian dollar traded for 82.
Canadian producers cut Colombian oil output as protesters block transport routes

Canadian producers cut Colombian oil output as protesters block transport routes

CALGARY — Two Canadian oil and gas companies say they've been forced to reduce production in Colombia as protests that have resulted in 42 deaths continue in the South American country. Both Parex Resources Inc. and Gran Tierra Energy Inc.