CANADA STOCKS-TSX could falter on weak resources

TORONTO, June 18 (Reuters) - Toronto's main stock index could open lower on Thursday morning, extending losses logged in the previous session, as sagging oil and metals prices put downward pressure on the resource-heavy market.

World stocks fell on Thursday after investors turned nervous in pushing risky assets on doubt about an economic recovery [MKTS/GLOB]. U.S. stock index futures pointed to a flat open. [ID:nN18377649]

On Wednesday, the S&P/TSX composite index .GSPTSE ended down 241.29 points, or 2.34 percent, at 10.066.11.

Here is some news that could affect the market:

IAMGOLD CORP (IMG.TO)

IAMGOLD Corp (IMG.TO) announced on Thursday increased production guidance for 2009. The company said full-year gold production for 2009 is expected to be 910,000 to 920,000 ounces. [ID:nWNAB0941]

TECK RESOURCES LTD (TCKb.TO)

Teck Resources Ltd (TCKb.TO) plans to sell a one-third stake in its Waneta Dam in British Columbia to BC Hydro for C$825 million, the companies said on Wednesday. [ID:nN17365292]

AIR CANADA (ACa.TO)

The Canadian government appointed two mediators on Wednesday to help Air Canada (ACa.TO) and the union representing its flight attendants to reach a labor agreement.[ID:nN17362319]

TALISMAN ENERGY (TLM.TO)

Canadian producer Talisman Energy (TLM.TO) has struck oil in an appraisal well near the Varg field it operates off Norway, Norwegian energy officials and a partner in the prospect said on Thursday. [ID:nLI547315]

FORESTRY AID

The Canadian government on Wednesday tossed a C$1 billion lifeline to its pulp and paper producers, which complain they are drowning financially because of a tax windfall enjoyed by U.S. rivals. [ID:nN17298021]

OIL SAGS

Oil eased below $71 a barrel on Thursday, reversing early gains as the dollar firmed and equity markets slipped. [ID:nSIN282931]