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Vancouver gold company expands its holdings in China with stake in Australian firm

Vancouver's Eldorado Gold Corp. (TSX:ELD) plans to acquire a 19.9% interest in Sydney, Australia-based gold mining firm in an all-share private placement worth approximately $279 million. Eldorado is buying approximately 57.

Premium Brands income trust to convert back to a corporation

After five years as an income trust, Vancouver's Premium Brands Income Fund (TSX:PBI.UN) is converting back to a corporation.

Lions Gate posts record revenue in 2009, but suffers US$163 million loss

I ncreased home entertainment sales, library and TV production revenue helped Vancouver's Lions Gate Entertainment Inc. (NYSE:LGF) post record revenue in fiscal 2009. The company's revenue rose to US$1.

Rusoro gold mining company reports first quarterly profit in two years

Vancouver's Rusoro Mining Ltd. (TSX-V:RML) reported its first quarterly profit in more than two years for the period ending March 31. First-quarter net income rose to US$543,000 compared with a net loss of US$16.5 million.

Red Back and Australia's Moto Goldmines Ltd. set to merge in $513 million deal

Vancouver's Red Back Mining Inc. (TSX:RBI) plans to merge with Perth, Australia-based Moto Goldmines Ltd. (TSX:MGL) in an all-share deal worth approximately $513 million.

New Gold completes $1.2 billion merger with Toronto miner

Vancouver-based New Gold Inc. (TSX:NGD) has completed its $1.2 billion acquisition of Toronto's Western Goldfields Inc. (TSX:WGI).

Specialty paper-maker trims costs as market demand weakens

Fortress Paper Ltd. (TSX:FTP) is slashing costs to save money at its Swiss mill, which makes, of all things, paper currency.

Canfor to close three sawmills in B.C.'s Interior; Catalyst cuts more staff

Canfor Corp. (TSX:CFP) plans to close three B.C. sawmills indefinitely over the next two months in a move that will affect approximately 570 employees.

Private equity firm acquires stake in Lions Gate Entertainment's TV Guide business

Vancouver-based Lions Gate Entertainment Inc. (NYSE:LGF) has sold a 49% stake of its TV Guide Network and TVGuide.com to a private equity firm for US$123 million.

First-quarter profit doubles for Langley greenhouse plant supplier

Langley-based Bevo Agro Inc. (TSX-V:BVO) more than doubled its third-quarter net income for the period ending March 31.