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  • VANCOUVER, British Columbia _ First Quantum Minerals Ltd. on Wednesday reported second-quarter net income of $141 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Vancouver, British Columbia- based company said it had profit of 18 cents. This story was generated by Automated Insights using data from Zacks Investment...

  • VANCOUVER, British Columbia _ New Gold Inc. on Wednesday reported a second-quarter loss of $8.8 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was breakeven on a per-share basis. This story was generated by Automated Insights using data from Zacks Investment...

  • VANCOUVER, British Columbia _ Methanex Corp. on Wednesday reported a second-quarter loss of $3 million, after reporting a profit in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share. Methanex shares have declined 13 percent since the beginning of the year.

  • Goldcorp, the world's third-biggest gold producer by market value, also said it would go ahead with plans to expand its Penasquito mine in Mexico and Musselwhite mine in Canada. Production at Vancouver- based Goldcorp, which operates only in the Americas, plunged to 613,400 ounces in the quarter from 908,000 ounces in the year-ago period. The exhaustion of...

  • TORONTO _ Barrick Gold Corp. on Wednesday reported second-quarter net income of $138 million, after reporting a loss in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 14 cents per share. Barrick Gold shares have nearly tripled since the beginning of the year.

  • The decision followed an assessment of the mine's plan in the context of the Toronto- based company's global capital priorities, it said. Chile's environmental regulator shut down the water system attached to the Maricunga mine in March, citing environmental damage which Kinross disputes. Kinross reported an adjusted net loss of $9.8 million, or 1 cent per...

  • TORONTO _ Kinross Gold Corp. on Wednesday reported a loss of $25 million in its second quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share. Kinross Gold shares have more than doubled since the beginning of the year.

  • VANCOUVER, British Columbia _ Goldcorp Inc. on Wednesday reported a second-quarter loss of $78 million, after reporting a profit in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share. Goldcorp shares have risen 63 percent since the beginning of the year.

  • The Canadian miner also said it would go ahead with expansions at its Penasquito mine in Mexico and its Musselwhite mine in Canada. Goldcorp, the world's third-biggest gold producer by market value, reported a net loss of $78 million, or 9 cents a share, in the three months to end-June. That compared with net earnings of $392 million, or 47 cents per share, a year...

  • TORONTO, July 27- Barrick Gold Corp, the world's largest gold producer, reported a rise in second-quarter profit on Wednesday and said it plans to sell its 50 percent stake in a western Australia mine to carve more from its debt. Toronto- based Barrick, which has been selling off non-core mining assets and using cash flow to pay down debt, said it will explore selling...

  • MISSISSAUGA, Ontario _ Novadaq Technologies Inc. on Wednesday reported a loss of $16.5 million in its second quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share. Novadaq shares have dropped 31 percent since the beginning of the year.

  • TORONTO, July 27- Barrick Gold Corp, the world's largest gold producer, reported a rise in second-quarter profit on Wednesday and said it plans to sell its 50 percent stake in a western Australia mine to help continue to carve away at debt. The company, which has mines in the Americas, Australia and Africa, said gold production fell 7.5 percent to 1.34 million ounces...

  • *Canadian dollar settles at C $1.3191, or 75.81 U.S. cents. The Canadian currency settled at C $1.3191 to the greenback, or 75.81 U.S. cents, just weaker than the Bank of Canada's official close of C $1.3189, or 75.82 U.S. cents on Tuesday. "It's a bit of a nod that things have improved," said Mazen Issa, senior foreign exchange strategist at TD Securities.

  • The Toronto- based miner said it recorded an adjusted net loss of $9.8 million, or 1 cent per share, in the quarter ended June 30, from a loss of $13.6 million, or 1 cent per share, in the year-prior period. Kinross, which has 10 mines in North and South America, Africa and Russia, produced 671,267 equivalent ounces of gold during the quarter, up from 660,898 ounces in the...

  • The Toronto- based miner said it recorded an adjusted net loss of $9.8 million, or 1 cent per share, in the quarter ended June 30, from a loss of $13.6 million, or 1 cent per share, in the year-prior period.

  • WATERLOO, Ontario _ Open Text Corp. on Wednesday reported fiscal fourth-quarter profit of $86.4 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share. Open Text shares have risen 31 percent since the beginning of the year.

  • OTTAWA, July 27- Canada's housing market is showing strong signs of overvaluation as prices have surged, the federal housing agency said on Wednesday, becoming the latest authority to voice concern about the country's multi-year property boom. A more recent ramp up in the Toronto and Vancouver markets has raised concerns among policymakers, prompting the...

  • SEATTLE— As crude oil trains began rolling through its downtown a few years ago, Spokane was among the first cities to pass a resolution calling for stronger federal safety regulations. But when a mile-long train derailed in the scenic Columbia River Gorge along the Oregon- Washington border last month— after earlier passing through this major railroad hub in...

  • July 27- Saskatchewan Premier Brad Wall said on Wednesday he was not satisfied with Husky Energy Inc's emergency response to an oil spill into a river that supplies drinking water, and said the western Canadian province needed to consider ways to avoid a recurrence. Asked whether Saskatchewan should take steps to prevent future spills, such as requiring...

  • July 27- Saskatchewan Premier Brad Wall said on Wednesday he was not satisfied with Husky Energy Inc's emergency response to an oil spill into a river that supplies drinking water, and said the western Canadian province needed to consider ways to avoid a reoccurrence. The spill into the North Saskatchewan River from a Husky pipeline started late on July 20, but...