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Sep 16, 2011

Dealtalk: Cameco may go unchallenged in hostile Hathor bid

By Julie Gordon and Bhaswati Mukhopadhyay

(Reuters) – Hathor Exploration (HAT.TO: Quote, Profile, Research, Stock Buzz) might have trouble finding a white knight to rescue it from the clutches of Cameco Corp, the uranium giant whose C$520 million ($530 million) hostile offer stands a much better chance of succeeding than any foreign bid.

Cameco, Canada’s largest uranium producer, faces none of the hurdles that a non-Canadian company would have to clear in acquiring a strategic asset such as Hathor. Only last year, Canada’s federal government shot down a $39 billion Anglo-Australian bid for Potash Corp, the world’s largest fertilizer producer.

Sep 16, 2011

Cameco may go unchallenged in hostile Hathor bid

Sept 16 (Reuters) – Hathor Exploration (HAT.TO: Quote, Profile, Research, Stock Buzz) might have
trouble finding a white knight to rescue it from the clutches
of Cameco Corp, the uranium giant whose C$520 million ($530
million) hostile offer stands a much better chance of
succeeding than any foreign bid.

Cameco, Canada’s largest uranium producer, faces none of
the hurdles that a non-Canadian company would have to clear in
acquiring a strategic asset such as Hathor. Only last year,
Canada’s federal government shot down a $39 billion
Anglo-Australian bid for Potash Corp, the world’s largest
fertilizer producer.

Sep 16, 2011

Political satire “Butter” drips with ambition

TORONTO (Reuters) – Ambition and folk art collide in director Jim Field Smith’s comedy, “Butter,” which uses a state fair butter carving competition to satirize the divisiveness of American politics.

The British comedian-turned-filmmaker crafts the story of Laura Pickler, a woman who steps into her husband’s shoes as a competitive butter sculptor after he is pressured into retirement in order to give someone else a chance to win.

Sep 15, 2011

“Hysteria” sex toys stir crowds at Toronto film fest

TORONTO (Reuters) – To say Toronto was abuzz with “Hysteria” would be an understatement.

The film, which is based on the true story of the first electronic vibrator’s invention in the 1880s, premieres at the Toronto International Film Festival on Thursday but even before the curtain rose, the movie’s stars and director had reporters laughing at a news conference.

Sep 14, 2011

Polish drama “In Darkness” sheds light on Holocaust

TORONTO (Reuters) – With her new drama “In Darkness” Agnieszka Holland has returned to her native Poland to produce a haunting portrait of the Holocaust that could net the veteran director another Oscar nod.

The film, which had its world premiere at the Toronto International Film Festival this week, tells the true story of a group of Jews that hid for 14 months in the sewers beneath the then-Polish city of Lvov during World War II.

Sep 10, 2011
via Fan Fare

“Ides of March” stars play politics, or not, at TIFF

Photo

George Clooney and Ryan Gosling at TIFF

Politics may make for good films, but don’t expect the stars of “The Ides of March” to run for office any time soon.

George Clooney, who directs and stars as governor Mike Morris in the political drama, has already said he isn’t interested in a real-life political career.

Sep 10, 2011
Sep 9, 2011
Sep 9, 2011

For sale: rich but risky Alaska gold venture

TORONTO, Sept 9 (Reuters) – Alaska’s Pebble deposit, one of
the world’s largest known gold and copper resources, presents
big problems for Northern Dynasty (NDM.TO: Quote, Profile, Research, Stock Buzz), the junior Canadian
miner that wants to sell its 50 percent stake.

It’s too big for all but the largest buyers, and political
and environmental concerns could derail the multi-billion
dollar project before it even gets under way.

Sep 2, 2011

China-focused Silvercorp denies fraud allegations

TORONTO, Sept 2 (Reuters) – Silvercorp Metals (SVM.TO: Quote, Profile, Research, Stock Buzz) on
Friday became the latest China-focused resource company listed
in North America to get caught up in fraud allegations
reminiscent of those that have upended Sino-Forest (TRE.TO: Quote, Profile, Research, Stock Buzz).

Toronto-listed Silvercorp said it had obtained an anonymous
letter alleging a $1.3 billion fraud at the company, which
operates silver mines across China.

    • About Julie

      "I currently cover mining and minerals out of the Toronto bureau, where I focus on uranium, silver, platinum, lithium and REEs. Prior to moving to the mining sector, I worked as an online editor and video producer for Reuters.com. I started at Reuters as a TV intern in Chile and before that, I freelanced in Eastern Europe and spent eight months living in the Galapagos Islands."
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