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First Quantum aims to raise $300 million to fund copper producer's development projects

Vancouver copper producer First Quantum Minerals Ltd. (TSX:FM) hopes to raise $300.6 million in a public offering of shares to strengthen its capital position and pay for its capital projects. The company plans to sell 8.

Taiga embarks on cost-cutting initiatives after rights offering draws lukewarm interest

Two principal shareholders of Burnaby-based Taiga Building Products Ltd. (TSX:TBL) have withdrawn their support of the company's latest rights offering due to low participation from the public markets.

Two Vancouver mining companies to merge operations and Brazilian gold projects

Vancouver's Magellan Minerals Ltd. (TSX-V:MNM) plans to merge with Cranbrook-based Chapleau Resources Ltd. (TSX-V:CHI) in an all-share deal that would create a combined gold exploration and development company focused in northern Brazil.

Canada's January retail sales increase highest in B.C., reports StatsCan

British Columbians came out spending in January, giving B.C. one of the highest increases in retail sales out of any province in the country, according to the latest Statistics Canada report. Total retail spending rose 3.1% to $4.

B.C. shoe retailer posts fourth-quarter revenue increase amid downturn

The recession hasn't slowed the need for women to buy shoes. Vancouver's Sterling Shoes Income Fund (TSX:SSI.

Office vacancy rates in Vancouver rising faster than national average

Vancouver's office market has experienced one of the fastest increases in vacancy rates in Canada as challenging economic conditions coupled with access to capital constraints forced companies to reduce their office space needs, according to CB Richa

Central 1 Credit Union posts record profits in 2008 despite global financial crisis

Net income for Central 1 Credit Union, Canada's first inter-provincial central credit union, rose 22% in 2008 in the midst of a global financial crisis. The wholesale supplier of liquidity for credit unions in B.C.

$150 million run-of-river project gets provincial government environmental approval

Victoria has given Kwoiek Creek Resources LP its environmental assessment certificate for a $150 million run-of-river project located 29 kilometres north of Boston Bar.

More employers open to discussing salary during job interviews, survey finds

A new Accountemps survey has found that most hiring managers are becoming more comfortable with discussing salary early in the hiring process.

Most corporate fraudsters are younger men, KPMG report finds

Uneducated men in their 30s and 40s are among the most likely people to commit fraud, according to a new KPMG study.