May 1, 2024

VPD respond to bank robbery reports

Vancouver Police are downplaying concerns raised about several bank robberies recorded in the city over the past two weeks.  Sgt. Randy Fincham says that's normal for any given calendar year, but, "if we have a spike in activity in a certain area or certain city, our investigators will continue to look at any connection to one individual or … [Read more...]

Liberal Party member brushing off reports of unrest ahead of unveiling of Provincial Budget

As the P0rovincial Government prepares to unveil the budget this week, Liberal MLA John Les is downplaying reports of unrest in the party. He says the Premier is working very hard, and the party is fine. Les calls rumors there will be a non-confidence vote after the budget is tabled unfounded. "I hope there is a vote of some kind on the Budget this … [Read more...]

BC Government reports 1.84 billion dollar deficit

BC ended the fiscal year with a smaller deficit than what it had been predicting in February. But at $ 1.84-billion, it's much higher than the one reported this time last year. Total government spending is $ 926-million higher than what was anticipated in the 2011 budget. The reason? Finance Minister Kevin Falcon says the $ … [Read more...]

Reports of man stabbed multiple times in Surrey

A 36-year-old man has been taken to hospital in critical condition after an incident in Surrey. A spokeswoman with the BC Ambulance Service says the man was taken to Royal Columbian from a scene on 152 Street at 101 Avenue at the Guildford Town Centre mall. Reports say a man was stabbed multiple times in the upper body. So far no comment from … [Read more...]

Silver Wheaton reports higher Q4 earnings

VANCOUVER - Silver Wheaton Corp. reported a 20 per cent increase in fourth-quarter earnings on Thursday thanks to higher selling prices of silver and gold.The Vancouver-based mining company (TSX:SLW) said net earnings were US$ 144.7 million, up from US$ 120.7 million during the same period a year earlier.On a per-share basis, the earnings … [Read more...]

First Quantum reports lower Q4 earnings

VANCOUVER - Copper miner First Quantum Minerals Ltd. has reported lower fourth-quarter profits compared to a year earlier, when it booked a big gain on an investment sale.The Vancouver-based company (TSX:FM) says net earnings were $ 76 million, or 16 cents per share, during the last three months of 2011.During the same period a year earlier, First … [Read more...]

Minefinders reports Q4 profit of US$59.6M

VANCOUVER - Minefinders Corp. Ltd. (TSX:MFL) reversed a year-earlier loss to post a big profit in the fourth quarter as the gold and silver producer reported sharply increased sales.Vancouver-based Minefinders, which announced a friendly $ 1.5-billion cash and share deal last month to be taken over by Pan American Silver Corp. (TSX:PAA), said net … [Read more...]

West Fraser reports loss from continuing ops

VANCOUVER - West Fraser Timber Co. Ltd. (TSX:WFT) reported a $ 10.6-million loss from operations in its latest quarter reversing a profit a year ago as the lumber producer's sales dropped nearly 10 per cent.The Vancouver-based forestry company said late Thursday its operating loss amounted to 25 cents per share for the three months ended Dec. … [Read more...]

Anooraq reports death at South African mine

VANCOUVER - Anooraq Resources Corp. (TSXV:ARQ) has reported the death of an employee at its Bokoni platinum mine in South Africa, the second death at the mine in three months.The Vancouver-based miner said the death occurred Tuesday in a ground-fall accident."The South African Department of Mineral Resources has issued a Section 54 safety stoppage … [Read more...]

Keg reports 4.5% increase in Q4 system sales

VANCOUVER - Steak house chain operator The Keg Royalties Income Fund (TSX:KEG.UN) credits successful new locations as well as higher same store sales for driving a 4.5 per cent increase in system-wide revenue in the fourth quarter.The Keg and Keg Restaurant Ltd., which did not disclose earnings figures in a release issued Tuesday, said system … [Read more...]