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Skyrocketing sales generate record profits for Lundin Mining Corp.

Lundin Mining Corp. (TSX:LUN) has reported a 183% increase in sales for its second quarter ending June 30. Second quarter sales jumped to US$319.9 million from US$112.9 million in the same period in 2006 on.

Yamana increases its bid for Meridian Gold Inc.

Yamana Gold Inc. (TSX:YRI), which is working on a three-way merger with Vancouver-based Northern Orion Resources Inc. (TSX:NNO), has increased its cash offer for Meridian Gold Inc. (TSX:MNG) by $0.85 per share to $4 plus 2.235 Yamana shares.

Sterling Shoes still treading improved sales road

Same store and overall sales increased for Sterling Shoes Income Fund (TSX: SSI.UN) and the fund opened eight new stores during 2007's second quarter, according to Sterling's most recent financials.

Norsat cuts costs, boosts revenue in second quarter

Revenue for Norsat International Inc. (TSX: NII) increased 18% to $4.5 million in its current second quarter, which ended June 30, compared with $3.8 million in 2006's second quarter.

Revenue increases for local retirement community operator

Vancouver-based retirement home operator Amica Mature Lifestyles Inc. (TSX:ACC) reported a 11% jump in revenue for the year ending May 31, 2007. The increase to $42.6 million from $38.

Restaurant chain's income fund sales rise, but new federal tax to erode bottom line

Keg Royalties Income Fund (TSX:KEN.UN) sales rose 13% to $206.

La-Z-Boy Furniture to use Vancouver company's kiosks for in-store credit applications

Vancouver's Versatile Systems Inc. (TSX-V:VV) has signed a deal with U.S. furniture retail giant La-Z-Boy Furniture Galleries to have Versatile's secure self-serve kiosks in its stores.

Residential construction dips in the Metro Vancouver area

Roughly 10% fewer new homes were built in Vancouver for the first seven months of the year compared with housing starts for the same period in 2006, according to Canada Mortgage and Housing Corp.

Interfor inks deal to acquire Kamloops sawmill from Weyerhaeuser

International Forest Products Ltd. (TSX:IFP) has signed a deal to acquire Weyerhaeuser's Kamloops sawmill and its 700,000 cubic metres of public land timber.

Sun Gro Horticulture enters Quebec market with $3.9 million acquisition of peat moss producer

Sun Gro Horticulture Income Fund (TSX:GRO.UN) has gained a foothold into Quebec following a $3.9 million acquisition of a Quebec peat moss producer.