Archive for the ‘BVI IBC Business News’ Category

Origin entered into collaboration agreement with INOVA, Brazil

Thursday, September 19th, 2019

BVI-registered Origin Agritech Ltd. entered into a collaboration agreement with Inova Genética Ltda (INOVA), a member of the Wehrmann Group, which is an active participant of the seed industry and a leading vegetable production company in Brazil. The agreement between the agriculture technology company and INOVA provides for co-operation in field testing of hybrids of both companies in each other’s geographic regions.

INOVA will also co-operate with the BVI company to evaluate corn seed biotechnology traits for application in South American markets. Origin and INOVA will explore commercial opportunities between the companies in corn seed breeding, production and distribution in South America. INOVA is focused on the plant breeding business and is headquartered in Cristalina-GO, Brazil.

BVI company resumed operations at San Andres gold mine

Thursday, February 14th, 2019

Aura Minerals Inc. made an announcement that it has resumed limited mining operations at its San Andres gold mine in Honduras. By words of the President and CEO of the BVI company, they have been closely working with local and national authorities and community to resolve the situation of the illegal occupation of their private lands by a small number of individuals. For the near-term, Aura will continue limited operations and expects to return mining activities to normal level progressively as the rule of law is enforced.

Aura’s President also said: “We are pleased to resume limited operations as the local economies were very detrimentally affected by the suspension. The suspension of operations negatively affects a number of stakeholders including our shareholders, close to a thousand employees and contractors and thousands of other Hondurans as the mine directly and indirectly, through taxes and a number of Aura initiatives, supports hospitals, schools and road maintenance among others.

Aura is focused on mining in complete terms – the so called 360° Mining. BVI company’s producing assets include the San Andres gold mine in Honduras, the Ernesto/Pau-a-Pique gold mine in Brazil and the Aranzazu copper-gold-silver mine in Mexico. The Company continues to explore options at Sao Francisco, and has two additional gold projects in Brazil and one gold project in Colombia.

Taoping Inc. expands into Asian market

Saturday, December 15th, 2018

Taoping Inc., the leading provider of cloud-based ad terminals and services in the out-of-home advertising, based in the BVI and headquartered in China, announced that it has entered into strategic cooperation agreements with two companies: Asia Taoping Pte. Ltd. and Singapore Taoping Pte. Ltd. Both companies are the local partners of the BVI company.

According to the agreement, Asia Taoping will operate company sharing new media in South and Southeast Asia market, while Singapore Taoping will operate Taoping sharing new media in Singapore.

The Chairman and CEO of Taoping Inc., Mr. Jianghuai Lin commented on the new strategic agreements: “The expansion into the Asia market is another important move of our overseas development plan following TAOP’s successful landing in Toronto last month… The booming E-commerce market and increasing mobile app usage in Southeast Asia creates the conditions for the success of our ‘Smart IoT Terminal – Taoping Net/App – Taoping E-store’ lifestyle media ecosystem. We look forward to seeing more local businesses benefiting from our platform.”

Aura Minerals announced innovative 360° Mining Concept

Saturday, December 8th, 2018

Aura Minerals Inc., gold and copper production company working on gold and base metal projects in North and South America, and domiciled in the British Virgin Islands, announced its 360° Mining Concept which includes new mission, vision and values statement of the company. There will also be a new logo which will reflect the 360° Mining Concept; also, the company is working to update the website.

Company’s President & CEO commented, “We have been working hard on our strategy and our corporate culture to position Aura for operational excellence and growth and through this process we have developed a new mission statement and a concept of 360° Mining, which includes our vision and values.”

By words of company president, Aura’s vision is ‘mining in complete terms’ – thinking holistically about how the business impacts and benefits the company, shareholders, employees, and the countries and communities the company is working for. This is called 360° Mining, and it also means a constant state of evolution, always looking for ways to get better.

Also, on November 29, 2018 Aura received the Canada mid-size M&A deal of the year award at the 10th Annual Americas M&A Atlas Awards, for the merger with Rio Novo. In connection with this transaction, BVI company’s president together with Board Member Stephen Keith and Vice President Ryan Goodman received the corporate deal maker of the year in the Americas.