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Vancouver's Rockwell Diamonds Inc. (TSX:RDI) is extending its normal year-end shutdown to the end of January due to continued weakness in the diamond market.

Creditors have unanimously accepted a repayment proposal that will keep Ballet BC from bankruptcy. It involves Ballet B.C. offering creditors a total of $225,000 even though the dance company is in debt approximately $600,000.

Teck Cominco Ltd. (TSX, NYSE:TCK) will shed approximately 1,400 jobs from its global workforce as it battles to trim costs and bolster competitiveness amid weakening commodity prices.

Vancouver's Tekmira Pharmaceuticals Corp. (TSX:TKM) will receive at least US$11.2 million over the next three years from Alnylam Pharmaceuticals Inc., its Massachusetts-based partner, for process development and manufacturing services.

The short-lived 95 Crave, which replaced Z95.3FM in mid-2007, is being replaced by Canada's second Virgin Radio station January 8.

Richmond's Macdonald, Dettwiler and Associates Ltd. (TSX:MDA) will build an additional hand for the international space station's Canadarm2 . The new $15.

Vancouver's NovaGold Resources Inc. (TSX:NG) has received another US$15 million in equity financing from New York-based Electrum Strategic Resources LLC after it sold an additional 11.5 million units at US$1.30 per unit.

Vancouver's Coast Wholesale Appliances Income Fund (TSX:CWA.UN) has closed its purchase of Ontario-based Morley's Appliance Centre.

Vancouver's Boston Pizza Royalties Income Fund (TSX:BPF.UN) has added the 25 new restaurants it opened in 2008 to its royalty pool.

Vancouver's Western Canadian Coal Corp. (TSX:WTN) is loaning US$36 million to Cambrian Investment Holdings Ltd. (CIH), a wholly owned subsidiary of London, U.K.-based Cambrian Mining Plc. (AIM:CBM).