Sherritt International Corp., a Canadian mining and energy company with operations on four continents, is considering options including selling assets or restructuring the business to improve its value.
Nautilus Minerals Inc., seeking to be the first large-scale miner of copper and gold from the ocean floor, is in talks with potential partners to sell a stake in the project off the coast of Papua New Guinea.
KGHM Polska Miedz SA, the copper miner with the largest European output, agreed to buy Canada’s Quadra FNX Mining Ltd. for about C$2.87 billion ($2.84 billion) in the largest overseas acquisition by a Polish company.
Agrium Inc. Chief Executive Officer Mike Wilson will meet with Jana Partners LLC today after rejecting the hedge fund’s proposal for the Canadian company to spin off its farm retail unit, two people familiar with the situation said.
Canadian stocks fell for a second day, led by mining companies, as precious metal prices declined on speculation that an extension of U.S. tax cuts will boost growth and cut demand for alternative investments.