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MDA signs $4.7 million contract to upgrade Canada's patrol aircraft

Richmond's MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) has signed a $4.7 million contract with the Department of National Defence to upgrade the imaging radar systems on Canada's fleet of Aurora patrol aircraft.

Vancouver construction firm to wire new Edmonton remand centre

A division of Vancouver's Seacliff Construction Corp. (TSX:SDC) has won a $47 million contract to manage the electrical construction of Edmonton's new $620 million remand centre.

Spectra Energy partners with province to build carbon storage project

Spectra Energy (NYSE: SE) is partnering with the provincial government to build a large integrated carbon capture and storage project near its Fort Nelson natural gas plant. The province has provided a $3.

Farallon Resources signs silver deal with Silver Wheaton

Vancouver's Farallon Resources Ltd. (TSX:FAN) has signed an US$80 million agreement with Silver Wheaton Corp. (TSX:SLW) to buy 75% of the silver produced at Farallon's mine in Mexico.

Helio's $5.1 million private placement

Helio Resource Corp. (TSX-V:HRC) has entered into a bought deal brokered private placement with Primary Capital Inc. to sell six million units for gross proceeds of $5.1 million.

Precious metals exploration company secures resource development agreement with native band

Vancouver's Alexco Resource Corp. (TSX:AXR) has entered into a co-operation agreement with the Na-Cho Nyak Dun First Nation regarding the Keno Hill silver district.

Fortuna reports strong production growth, but absorbs another quarterly loss

First-quarter 2008 financial results for Vancouver-based Fortuna Silver Mines Inc. (TSX-V:FVI) show a net loss of $0.64 million compared with a net loss of $1.8 million for the same period in 2007. Comparative sales for the quarters were $6.

Metro Vancouver energy company attracts $228 million bid for California wind project

Coquitlam-based Western Wind Energy Corp. (TSX:WND) has been offered $228 million for the development rights to its Windstar energy project, but believes it can get a better return if it develops Windstar itself.

Quadra increases its stake in company developing Greenland molybdenum project

Vancouver's Quadra Mining Ltd. (TSX:QUA) has consolidated its control of International Molybdenum PLC by acquiring 21.5 million common shares of the company from two minority shareholders. Quadra, which acquired 82.

Vancouver geothermal company secures $500 million deal to supply energy to California

Western GeoPower Corp. (TSX-V:WGP) has signed a 20-year power supply contract with the Northern California Power Agency worth approximately $26 million per year and $520 million over the length of the contract.