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Silvercorp reports strong growth in China

Sales for Silvercorp Metals Inc. (TSX:SVM) doubled to US$26.8 million for the fourth quarter ending March 31, 2008, compared with US$13.4 million a year earlier. The Vancouver-based company's annual sales increased 172% to US$108.
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Soaring gold prices help double Northgate Minerals' quarterly earnings

Northgate Minerals Corp. (TSX:NGX) has reported first-quarter earnings of US$20.4 million, or US$0.08 per diluted common share, compared with US$9.4 million, or US$0.04 per share, in 2007's first quarter.
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Ottawa earmarks $13.6 million for Vancouver fuel cell research

The federal government has announced $13.6 million in research funding for the fuel cell and hydrogen wing of the National Research Council (NRC) in Vancouver.
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Verb Exchange sales up, but digital media company still records loss in fiscal 2007

Revenue for Vancouver's Verb Exchange Inc. (TSX-V:VEI) jumped 40% to $23.5 million in 2007 from $16.8 million in 2006. But the company still recorded a $1.5 million loss in fiscal 2007, which was down slightly from its $1.6 million loss in 2006.
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Profits continue to rise for B.C.'s credit unions

B.C. credit unions collectively earned $261 million in 2007, up slightly from the $260 million they racked up in 2006. Business loans increased 15.3% to $9.1 billion; their residential mortgage portfolio grew 10.1% to $25 billion.
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Vancouver mining company forced to suspend operations in Ecuador

Vancouver-based Cornerstone Capital Resources Inc.
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Vancouver iodine producer hit by low U.S. dollar and rising fuel prices

Atacama Minerals Corp. (TSX-V:AAM) suffered a drop in earnings last year despite recording stronger sales growth. Revenue for the Vancouver-based iodine producer, which operates in Chile, increased to US$25.2 million in 2007 from US$18.
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Lower revenue and newsprint sales result in higher losses for Catalyst Paper Corp.

Vancouver's Catalyst Paper Corp. (TSX:CTL) quarterly net loss has increased as newsprint sales continue to plummet. Net loss for the paper producer hit $37.4 million, or $0.17 per share, compared with a net loss of $25.6 million, or $.
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Vancouver biotech's first-quarter loss increases

Angiotech Pharmaceuticals Inc. (TSX:ANP) has reported a $15.8 million loss in its current first quarter. That's up 28% from the Vancouver pharmaceutical and medical device company's $12.3 million loss in its 2007 first quarter.
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Weak lumber prices and soft U.S. housing market hammer West Fraser's quarterly bottom line

West Fraser Timber Co. Ltd. (TSX:WFT) continues to be battered by low lumber prices and the high Canadian dollar, both of which have resulted in significant first-quarter loses for the Vancouver-based forest products company.
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