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Western to issue debentures to finance mine operations

Western Canadian Coal Corp. (TSX:WTN) is selling between $30 and $40 million in convertible debentures to reduce debt and finance operations at its Wolverine coal mine, near Tumbler Ridge, in northeastern B.C.

Yukon files $130 million offering

Yukon Zinc Corp. (TSX-V:YZC) announced that it has filed its final prospectus for an offering of up to $130 million of securities.

Exploration company hot on the trail of diamonds in Nunavut

Shares in Peregrine Diamonds Ltd. (TSX: PGD.TO) more than doubled Thursday following the release of a report detailing the company's discovery of diamond-related kimberlite on its Nanuq property in Nunavut.

Survey finds companies suffering security breaches and loss of data

An Absolute Software Corp. (TSX: ABT) survey has found that one in five companies reported experiencing a data security breaches and believed that 61% of the breaches were perpetrated by internal employees.

Billions of Canadian tax dollars being pumped into corporate subsidies, Fraser Institute report find

Canadians provided business with $19 billion in subsidies in 2004, the equivalent of $1,295 from each taxpayer, according to a new report by the Fraser Institute. The figure was close to double the $10.

Vancouver drug developer dropped from the TSX

Common shares of Inflazyme Pharmaceuticals Ltd. (IZP) were delisted from the Toronto Stock Exchange on Wednesday.

Strike continues to dog operations at Barrick's Tanzania gold mine

Barrick Gold Corp.'s (ABX:TO) Bulyanhulu gold mine in Tanzania is 65% operational despite a labour dispute that has dragged on for four weeks.

Interfor acquires sawmills, lumber assets from Pope & Talbot

International Forest Products Ltd. (TSX: IFP-A.TO) plans to acquire three sawmills and other timber assets from troubled Portland-based Pope & Talbot Inc. for $69 million.

Vancouver auctioneer breaks Internet sales records

Ritchie Bros. Auctioneers (NYSE: RBA; TSX: RBA.TO) set new records for traditional and online sales with a US$31 million industrial auction in Atlanta last week.

Atna to acquire Colorado-based gold explorer in $25 million deal

Vancouver's Atna Resources Ltd. (TSX:ATN) has announced plans to acquire a Colorado-based mining firm with interests in multiple gold projects in the western United States for approximately $25.3 million.