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BC geoscientists to map central BC for mineral exploration potential

Geoscience BC, the industry association of geoscientists in the province, plans to survey central B.C. to help uncover potential mineral exploration sites in areas heavily affected by the mountain pine beetle.

Goldcorp to acquire Ontario mining company for $1.5 billion

Vancouver's Goldcorp Inc. (TSX:G) plans to acquire Toronto-based Gold Eagle Mines Ltd. (TSX:GEA) in a deal worth $1.5 billion. The friendly takeover will consolidate ownership of the Red Lake district in northwestern Ontario.

NovaGold sells its power generation division for $40 million

Vancouver's NovaGold Resources Inc. (TSX:NG) is selling its NovaGreenPower subsidiary to Calgary-based AltaGas Ltd. for up to $40 million. NovaGreenPower owns several development-stage run-of-river hydroelectric projects in northwestern B.C.

Vancouver income trust acquires Edmonton business

Vancouver's WesternOne Equity Income Fund (TSX:WEQ.UN) plans to acquire an Edmonton equipment rental and propane distribution business for an undisclosed sum.

Vancouver mining firm reports record quarterly revenue and profit

Vancouver's Capstone Mining Corp. (TSX:CS) reported record quarterly revenue and profit for its second quarter ending June 30, 2008. Total quarterly revenue rose to $35.2 million from $14.7 million in the comparable period a year ago.

Delta Hotels acquires Kelowna resort

Delta Hotels has acquired the Grand Okanagan Lakefront Resort one of the largest hotel properties in Kelowna for an undisclosed amount.

Toronto mining firm makes $321.5 million bid for Vancouver's Petaquilla Copper

Toronto-based Inmet Mining Corp. (TSX:IMN) has made an unsolicited offer to acquire Vancouver's Petaquilla Copper Ltd. (TSX:PTC) for $321.5 million.

Vast majority of Canadians consider environmental issues when making purchasing decisions

A Consumerology survey has found that 80% of Canadians are considering the environmental impact of their purchasing decisions. But, that consideration is not necessarily translating into action.

Vancouver boasts the lowest business tax costs in Canada, according to KPMG report

Vancouver has one of the lowest business tax costs out of 35 major cities around the world studied by KPMG in a new report. Vancouver ranked fourth, after cities located in Puerto Rico and Mexico.

Silver recycling firm to acquire U.S. silver scrap refining company

The Silver Recycling Company Inc. (TSX-V:TSR) plans to acquire a second U.S. silver scrap refining company for a minimum purchase price of US$9 million. The deal comes after the company acquired another undisclosed U.S.