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Eldorado to tender $148 million bid to secure gold project in Greece

Eldorado Gold Corp. (TSX:ELD) intends to bid $148 million for all outstanding shares of fellow Vancouver company Frontier Pacific Mining Corp. (TSX-V:FRP).
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Vancouver firm to verify carbon offsets in Alberta

Vancouver's Carbon Credit Corp. has won the contract to manage verification of Viterra's carbon credit program in Alberta. Carbon Credit will certify farming practices that reduce or absorb greenhouse gas emissions.
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Province launches new $90 million venture capital fund

The provincial government has launched a $90 million fund aimed at attracting private venture capital and market expertise. The B.C.
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Silver miner's 2007 losses close to $3 million despite surge in sales growth

Fortuna Silver Mines Inc.(TSX-V:FVI) recorded a net loss of $2.8 million in 2007, despite a near tenfold increase in sales compared with a year earlier. The company's sales increased to $31.7 million in 2007 compared with $3.4 million in 2006.
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Canaccord secures funding for investors holding asset-backed commercial paper

Canaccord Capital Inc. (TSX:CCI) has secured the necessary funding to continue with its plan to buy back its asset-backed commercial paper (ABCP) from the company's small investors. Letters of credit issued by chartered banks for $138.
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Study finds companies improving corporate sustainability disclosure

About 80% of companies listed on the Toronto Stock Exchange include environmental, economic or social impact information as part of their regular corporate reporting, according to a new Statos Inc. survey.
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Adanac hoping to raise $80 million to fund northern B.C. molybdenum

Adanac Molybdenum Corp. (TSX:AUA) has signed a term sheet with an unnamed global institutional investor to provide $80 million in bridge financing to help fund its flagship Ruby Creek molybdenum project near Atlin, B.C.
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Vancouver silver mining company suffers steep drop in earnings

Despite a slight increase in revenue for the year ending December 31, 2007, Vancouver's Impact Silver Corp. (TSX-V:IPT) reported a 43% drop in annual net income. The mining company's net income fell to $287,000 in 2007 from $506,000 in 2006.
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Net loss higher for B.C. alternative energy company

Sierra Geothermal Power Corp. (TSX-V:SRA) reported a higher net loss for the 14-month period ending December 31, 2007. The Vancouver company's net loss rose to $2,852,975, or $0.06 a share, compared with $409,491 or $0.
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Teck's $394.3 million copper deal

Vancouver's Teck Cominco Ltd. (TSX:TCK.B; NYSE:TCK) is securing more copper deposits with its planned $394.3 million acquisition of Vancouver's Global Copper Corp. (TSX:GLU).
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