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TSX-listed miner digs for savings of $74 million

After completing a strategic review, Ivanhoe Australia said it will be considering joint venture arrangements for all its projects and is looking to save up to $74 million US in capital expenditure costs over the next two years.

Motel ready for wrecking ball

Site will be the new home of plumbing giant

Coal-mining boom over as Chinese growth slows

Worsening market conditions could lead to job cuts at BHP Billiton's Australian coal mines, the company said Thursday, as slowing industrial activity in China forces global miners to scale back operations.

TSX closes on 3 1/2-month high

The Toronto stock market closed at a 3-1/2 month high Thursday as commodities gained ground in the wake of positive U.S. housing data and continued hopes that central bankers can keep a fragile recovery on the rails.

Last runs for Northlander

Ontario Northland's train service between Cochrane and Toronto will make its final run Sept. 28, Northern Development Minister Rick Bartolucci announced Thursday.
Low prices keep Wal-Mart flying high

Low prices keep Wal-Mart flying high

But retailer scales back overseas plans

Nanaimo picks new development chief

Angus moves from role at Victoria chamber

Foreign buyers pull back

Statistics Canada says non-residents reduced their holdings of Canadian securities in June in the biggest decline of the past 3 1 /2 years, following two straight months of acquisitions. Foreigners reduced holdings of Canadian bonds by $7.

Procura hires U.S. sales VP

Victoria-based Procura, a software vendor for home, community and aged care organizations across North America and Australia, has hired Rebecca MacKinnon as vice-president of the company's product line sales in the United States.

Ukraine chooses gas partners

Ukraine has picked a consortium led by ExxonMobil and Royal Dutch Shell to develop its Skifska gas field in the Black Sea, its government said Wednesday.