Canuc Resources Corporation has announced that diamond drilling is scheduled to commence on its Mill Village gold property in Nova Scotia by mid-November.

A minimum of 1,000 metres will be drilled on two main target areas developed during the 2012 exploration season, the Hornet and 667 grids respectively.

During May 2012, 19.475 kilometers of induced polarization (I.P.) surveying was conducted over portions of both the Hornet and 667 grids defining 20 significant individual I.P. anomalies distributed along four linear trends.

The Seattle-based company reported net income at its shops that have been open at least a year coming in at $359 million in the three months to September. Overall revenue rose 11 percent to a record $3.36 billion, while same-store sales increased by six percent. The company responded to the results by stating that it was likely to make higher than expected profits in the year to come.

TransCanada Corporation today announced that its Mexican subsidiary, Transportadora de Gas Natural del Noroeste, has been awarded the contract to build, own and operate the El Encino-to-Topolobampo Pipeline in Mexico.

TransCanada expects to invest approximately US$1 billion in the Topolobampo Pipeline project, which is supported by a 25-year natural gas transportation service contract with the Comisión Federal de Electricidad (CFE), Mexico's federal power company.

As well as the UK’s largest and most recognisable airport, Heathrow Airport Holdings also owns Stansted, Southampton, Glasgow and Aberdeen airports. The deal will see CIC pay £450 million for its stake.

The deal represents CIC’s second major investment in UK infrastructure following its purchase of 8.68 percent of the firm behind Thames Water back in January 2012.

Despite rising wages in China, where most of its factories are based, Hon Hai announced that net profit for the first nine months of 2012 rose by 24 percent, to $1.9 billion, compared to the same period in 2011.