Aura Minerals appointed new director and new general manager for Honduras operations

October 19th, 2019

Aura Minerals Inc., BVI-incorporated mining company engaged in the production and development of gold mines in the North, South and Central America, announced the appointment of Richmond Fenn to the company’s Board of Directors. The appointment is effective from October 7, 2019.

Mr. Fenn already worked with the company as interim-General Manager for the San Andrés operations. He has extensive experience in mine engineering, mine development and valuation, maintenance and operations in North and South America, Africa and Papua New Guinea. Prior to joining Aura, he was Executive General Manager for the Pueblo Viejo mine in the Dominican Republic, one of the world’s largest gold producing mines. Mr. Fenn holds a bachelor´s degree in mining engineering and is a registered professional engineer.

The BVI company also announced the appointment of Julio Cesar Beraun as the new General Manager of operations in Honduras effective September 26, 2019. Mr. Beraún is an industry professional who successfully led the engineering and implementation of innovation projects for optimization of mining procedures.

Orca Exploration published operational update on its activities

October 17th, 2019

BVI-registered Orca Exploration Group Inc. published an operational update on its current activities in Tanzania. According to the released information, company’s additional gas sales increased in August 2019. In September, Orca Exploration signed agreement with the Tanzania Petroleum Development Corporation to increase the maximum daily quantity of Additional Gas that can be supplied under Orca’s Gas Sales Agreement.

The BVI company is actively seeking for new sales opportunities in Tanzania, assisting the government to evaluate the potential to supply large volumes of natural gas to partners in East Africa. Also, Orca is discussing the expansion of its existing compressed natural gas business with commercial fuel distributors and other potential customers. Also, Orca is close to completion of the front-end engineering and design for compression for the Songas facility.

CEO of Orca Exploration Nigel Friend said in his comments: “The Government of Tanzania is actively looking at ways to utilise its significant indigenous natural gas resources to fuel industrial and economic growth for the benefit of the country and the wider East African region. We are encouraged by this increased activity and, in conjunction with our partner, TPDC, are evaluating the options to increase production from the Songo Songo field to ensure that natural gas is available to support the Government’s objectives in a timely manner”.

Harneys BVI received top tier ranking from IFLR1000

October 11th, 2019

Offshore law firm Harneys BVI received a top tier ranking from IFLR1000 for its Financial and Corporate and Investment Funds practices, thus remaining the leader in the jurisdiction.

Partner Philip Graham is recognized as a “market leader”; Partners Greg Boyd, Tanya Cassie-Parker, Ellie Crespi, Russell Willings and Consultant Colin Riegels are “highly regarded”; Partner Michelle Frett-Mathavious and Counsels Ayana Hull, Mirza Manraj, Nadia Menezes, George Weston and Senior Associate Sarah Rockhead are noted as “rising stars”.

BVI Managing Partner Tanya Cassie-Parker said: “We are delighted to retain our top tier ranking which is testament to our unmatched knowledge and experience in the BVI. Our clients continue to choose us for our attentive and personal service, the excellence of our work, and for our experience and leadership in the BVI.”

Origin entered into collaboration agreement with INOVA, Brazil

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.