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Resources & Agriculture

Run of River lowers losses for 2011

Run of River lowers losses for 2011

Run of River Power Inc . (TSX-V:ROR) reduced its net loss in 2011 by $4.4 million over 2010, according to the company’s annual financial report. The company, which builds run-of-river hydro power projects, recorded a $2.
Gemcom target of US$360 million friendly takeover

Gemcom target of US$360 million friendly takeover

Vancouver-based geological modelling and simulation company Gemcom Software International Inc. is the target of a friendly takeover by French “3D Experience Company” Dassault Systèmes .
Canfor plans $40m sawmill upgrade in Kootenays

Canfor plans $40m sawmill upgrade in Kootenays

Canfor Corp. (TSX:CFP) plans to spend $40 million to upgrade sawmills in the Kootenay region. The bulk of the investment – $38.5 million – will be made in a new planer plant at its Radium Hot Springs sawmill.
Goldcorp reports healthy first quarter

Goldcorp reports healthy first quarter

Goldcorp Inc . (TSX:G) had a solid first quarter despite some setbacks at one of its Canadian mines. The company reported adjusted net earnings for Q1 2012 of $404 million, compared with $392 million in Q2 2011 – $0.50 per share.
Canaco refutes BCSC allegations over timing of stock options

Canaco refutes BCSC allegations over timing of stock options

The BC Securities Commission is accusing the CEO and three directors of Canaco Resources Inc . (TSX-V:CAN) of approving stock options without publicly disclosing material information.
Teck shares profits with shareholders

Teck shares profits with shareholders

Teck Resources Ltd. (TSX:TCK) is sharing some of its wealth with shareholders with a dividend cheque, following a profitable first quarter. Teck announced that it will pay an eligible dividend of $0.
Lakeland Mills explosion kills worker, hospitalizes 24: reports

Lakeland Mills explosion kills worker, hospitalizes 24: reports

An explosion last night at the Lakeland Mills site in Prince George has killed one employee and hospitalized a further 24 workers, according to media reports. Owner Sinclar Group Forest Products Ltd. confirmed the disaster this morning.
Directors quit as Baja mine project faces $246m overrun

Directors quit as Baja mine project faces $246m overrun

Baja Mining Corp . (TSX:BAJ) shares are taking a beating in the wake of defections from its board of directors and news that the Vancouver-headquartered company is short $246 million to complete its $1.14 billion Boleo mine in Mexico.
Forestry titan passes away

Forestry titan passes away

Slocan Forest Products founder Ike Barber remembered as much for his philanthropy as for his success in B.C.'s best-known industry
Global solar prospects dim as Day4 stock slides

Global solar prospects dim as Day4 stock slides

Solar energy’s world market realities hammer Burnaby company as it resorts to more layoffs and watches its share price sink below $0.02