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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.
Nov 25, 2007 10:00 PM
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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.
Nov 25, 2007 10:00 PM
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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.
Nov 22, 2007 10:00 PM
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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.
Nov 22, 2007 10:00 PM
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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.
Nov 21, 2007 10:00 PM
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Vancouver drug developer dropped from the TSX
Common shares of Inflazyme Pharmaceuticals Ltd. (IZP) were delisted from the Toronto Stock Exchange on Wednesday.
Nov 21, 2007 10:00 PM
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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.
Nov 20, 2007 10:00 PM
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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.
Nov 20, 2007 10:00 PM
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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.
Nov 19, 2007 10:00 PM
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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.
Nov 19, 2007 10:00 PM
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