business news

Cameco says mining operations in Kazakhstan have been suspended for the time being. In a news release from the company, Cameco said it was informed on December 31 by Joint Venture Inkai (JV Inkai), a company that Cameco owns a 40 per cent share of, that JV Inkai “had not received an extension of the […]

Regina-based AGT Food and Ingredients has sold its short-line and bulk handling infrastructure to an American asset management firm called GCM Grosvenor. A news release from AGT notes the sale includes the following: “MobilGrain and its operating subsidiaries – Last Mountain Rail, with 140 kms (87 miles) running from the Regina Plains to Central Saskatchewan, […]

The UFA Cooperative is expanding to east-central and southeast Saskatchewan. A grand opening was being held today (Wed) at the Yorkton location on 309 Fitchner Road, and a second grand opening will be held tomorrow (Thurs) at the Weyburn location on 2 Cossette Lane. President and CEO of UFA Cooperative Scott Bolton says they see […]

The Reuters News Agency is reporting that a potential merger between Bunge Limited and Viterra is imminent. Sources told Reuters that Viterra’s shareholders, which include Glencore, Canada Pension Plan Investment Board and British Columbia Investment Management Corp., may sign off on the deal as soon as this weekend, and an announcement might be made next […]

A proposed merger between Glencore’s Viterra and Bunge Ltd. has the support of two of Canada’s largest pension funds, according to a person close to the matter. The source, according to Bloomberg News, noted that the Canada Pension Plan Investment Board and the British Columbia Investment Management Corp. are willing to swap their combined 49.98 […]