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Vancouver-based Silvercorp Metals Inc. (TSX:SVM) plans to acquire Yangtze Mining Ltd. for $62 million to secure its silver, lead and zinc exploration permits. Yangtze also owns 95% of Anhui Yangtze Mining Co. Ltd.

Vancouver-based QLT Inc.'s (TSX:QLT) first-quarter bottom line has been hit hard by plunging sales of Visudyne, one of its leading products. The biotech company reported revenue of $11.9 million for its current first quarter, a 42.

Representatives from numerous mining companies, including Vancouver's Corriente Resources Inc. (TSX:CTQ), have been in discussions with Ecuadorian President Rafael Correa Delgado and top officials to discuss the future of mining in the country.

British Columbia has appointed Bradley Doney, J.D. (Don) Rowlatt and Shelley Williams as independent securities commissioners, which brings the British Columbia Securities Commission total to eight.

Vancouver-based Methanex (TSX:MX) has been hit with a significant quarterly drop in earnings.

Energold Drilling Corp. (TSX-V:EGD) has reported a 2007 net income of $8.5 million, up 130% from the Vancouver company's 2006 total. Gross revenue was $26 million, up 63% from $16.5 million in 2006.

Vancouver-based Redhawk Resources Inc. (TSX-V:RDK) is looking for ways to maximize returns on its advanced stage Copper Creek property in Arizona.

Bermuda-based Griffin Mining Ltd. (LSE-AIM:GMF) plans to acquire Vancouver's Yukon Zinc (TSX-V:YZC) in a deal that will include full ownership of the Wolverine project in the Yukon and a controlling stake in China's Caijiaying mine.

Vancouver-based mining giant Teck Cominco (TSX:TCK.B) has reported first-quarter net earnings of $345 million or $.78 per share. That compares with $360 million, or $0.83 per share, in 2007's first quarter and $280 million, or $0.

Vancouver-based First Quantum Minerals Ltd. (TSX:FM) has announced plans to acquire Toronto's Scandinavian Minerals (TSX:SGL) through a wholly owned First Quantum subsidiary in a deal worth an estimated $281 million.