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B.C.

Canadian mining firm asks World Bank agency to arbitrate dispute with Venezuela

VANCOUVER – Rusoro Mining Ltd. (TSXV:RML) is asking an arm of the World Bank to arbitrate a dispute with the Venezuelan government. The Vancouver-based gold company says Venezuela breached treaty protections by nationalizing Rusoro’s investments in the country without compensation. Rusoro says it has attempted for several months to negotiate an amicable resolution but without success.

Searchers re-assess chances of finding two victims still buried in landslide

JOHNSONS LANDING, B.C. – After another day of fruitless recovery efforts, officials in British Columbia said Wednesday that they were re-assessing their chances of finding two bodies which still remain missing a week after a massive mudslide hit the small community of Johnsons Landing.

Counterpath boosts Q4 revenue 35 per cent to $4.4M; posts loss of $1.2M

VANCOUVER – Software company Counterpath Corp. (TSX:CCV) reports a 35 per cent increase in its fourth-quarter revenue to $4.4 million, up from $3.2 million in the same quarter last year. The company increased its net loss to $1.2 million versus a loss of $775,000.