Canfor eyes partner for B.C. mills

Article Abstract:

Canfor Corp. is looking for a partner for its pulp operations in British Columbia. According to the company's chief executive officer, David Emerson, the company wants to consolidate its two pulp mills in Prince George, BC, with those of another undisclosed local producer. Emerson said that the move is part of the company's restructuring efforts designed to boost its profitability. According to analysts, the move is not surprising given the pressure a number of Canadian producers are facing due to lack of demand and a drop in prices.

Comment:

Is looking for a partner for its pulp operations in British Columbia

Pulp Mills, Parent-to-subsidiary activities, Pulp Mill Byproducts, Canfor Corp., Article

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Highland Valley mine officials to meet

Article Abstract:

Management representatives of the Highland Valley copper mine in British Columbia, Canada, are scheduled to meet officials of the United Steelworkers of America, which represents around 1,000 workers at the mine, to resolve labor differences. The joint owners of the mine, Teck Corp., Cominco Ltd., Rio Algom Ltd. and Highmont Mining Co., seek to secure concessions to reduce wage and electricity costs. Highland Valley produces around 170,000 tonnes of copper a year.

Copper Mines, Copper Ore and Nickel Ore Mining, Copper mining, Cominco Ltd., Rio Algom Ltd., Teck Corp

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Loewen wants to give staff incentives to stay

Article Abstract:

Burnaby, British Columbia-based Loewen Group Inc wants to give staff incentives such as cash bonuses to keep them from leaving the troubled funeral services company. Some employees at Loewen's cemetry and management information systems division already left, according to KPMG, Loewen's Canadian bankruptcy monitor. Loewen hopes to secure approval from both US and Canadian courts to carry out the incentive program.

Funeral Homes and Funeral Services, Funeral Services, Loewen Group Inc.

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