VANCOUVER - Eldorado Gold Corp. (TSX:ELD) reports fourth-quarter profit rises to $ 88.8 million, or 16 cents per share, from $ 45.2 million, or eight cents per share, a year earlier. Revenues grow to $ 303.3 million from $ 213 million. … [Read more...]
Western Forest Products’ Q4 profits fall
VANCOUVER - Western Forest Products Inc. said Wednesday its fourth-quarter profits were lower than the same period a year ago, but sales were higher.The Vancouver-based woodland operator and lumber producer (TSX:WEF) said net income during the last three months of 2011 was $ 5.3 million, a drop from $ 20.1 million a year earlier.The profits … [Read more...]
Tag Oil profits rise to $268,499 in Q1
VANCOUVER - Junior oil producer Tag Oil Ltd. (TSX:TAO) rose to a profit in the first-quarter helped by stronger production revenues.The Vancouver-based company, which focuses on operations in New Zealand, said that net income increased to $ 268,499 versus a loss of $ 156,578 in the same period a year ago.Production revenue increased to $ 5.9 … [Read more...]