The Northwest Territories says Ottawa needs to pay $100 million yearly for social services along the Mackenzie Valley _ a major step to breaking the impasse on talks for a proposed $7 billion natural gas pipeline.
New to AIM this week is Eastern Mediterranean Resources (EMED), a company that hopes to precipitate a renaissance of the largely defunct Cypriot mining industry, while also pursuing a wider regional exploration strategy.
The candour of Mvelaphanda Holdings about its involvement in trading Iraqi oil could be a fascinating test case for investigators probing the corruption riddled oil-for-food programme. Were the UN officials Mvela dealt with running a hitherto unknown parallel scheme, and were they cut in or out of the grand larceny that was taking place?
Teck Cominco showed a willingness to reward investors with some of its growing hoard of cash as it doubled its dividend Wednesday for the second time in a year, but executives at the annual meeting gave few hints about what other plans the company might have.