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B.C.

Goldcorp extends deadline for Osisko takeover offer, continues analysis

VANCOUVER – Vancouver-based Goldcorp (TSX:G) is extending its takeover offer for Osisko Mining (TSX:OSK) until 5 p.m. on April 15. The announcement came a day after a rival offer from Toronto-based Yamana Gold Inc. (TSX:YRI), which wants to buy a half-share of Osisko’s mining assets with support from Osisko’s board of directors and two of Canada’s largest pension funds. Yamana’s offer values Osisko at about $3.4 billion. Goldcorp says it will continue to examine the rival offer and conduct its due-diligence investigations of Osisko and its main asset, the Canada Malartic gold mine in Quebec.

West Fraser Timber to buy Bibler Brothers lumber operation in Arkansas

VANCOUVER – West Fraser Timber Co. Ltd. (TSX:WFT) has struck a deal to buy the Bibler Brothers lumber sawmill and manufacturing operations in Arkansas, about 130 kilometres from another operation that the Vancouver-based company recently acquired in Mansfield, Ark. The two Arkansas acquisitions are part of West Fraser’s plans to expand in the U.S. South and Western Canada, where it has its base. Financial details of the Bibler deal haven’t been announced.