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
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.
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.
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.
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.
The Winter Garden Theatre at #TIFF2011 has fake plants dangling from the roof. Very whimsical for #weneedtotalkaboutkevin
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.
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.
The Mexico-focused, Toronto-based company announced a C$1.46 billion ($1.5 billion) takeover offer for Northgate Minerals (NGX.TO: Quote, Profile, Research, Stock Buzz) this week, a deal that would double its production and expand its geographic footprint. Its stock price promptly dived.