LONDON (Alliance News) - African agricultural group Agriterra Ltd Thursday said it had promoted Chief Financial Officer Daniel Cassiano-Silva to financial director with a seat on its board and appointed a new head of operations in Mozambique, moves it hopes will support its continuing expansion a
Read moreLONDON (Alliance News) - Agriterra Ltd Thursday said its beef business in Mozambique, Mozbife Ltd, continues to expand, with an increase in demand, stocking ratios and carrying capacity. The AIM-listed pan-African agricultural group said stocking ratios are being significantly increased at
Read moreLONDON (Alliance News) - Agriterra Ltd Wednesday said its pretax loss significantly narrowed in its first-half as lower costs offset a fall in revenues. The pan-African agricultural company with established beef, cocoa and maize trading operations said its pretax loss halved to USD2.1 milli
Read moreAgriterra's shares edged higher on Thursday after the African agricultural company announced the expansion and development of its cocoa plantation in Sierra Leone. The group has acquired a further 1,600 hectares of land for its cocoa plantation, located 35km south-east of Kenema, bringing the tota
Read moreCoffee and chocolate demand showed no signs of slowing down as African agricultural company Agriterra announced Wednesday it had expanded its cocoa and farming operations in Sierra Leone. The company's wholly-owned subsidiary, Tropical Farms, has acquired a 50-year lease with a 21-year extension o
Read moreAIM-listed African agricultural company Agriterra has reported that its group revenue rose by 115 per cent to 11.4m dollars in the financial year to November 30th. The group, which has beef ranching, maize buying, processing and farming operations in Mozambique, revealed a raft of developments at i
Read moreShares in Renewable Energy Holdings (REH) jumped after wave energy developer, Carnegie Wave Energy, in which REH holds a 9.7 per cent stake, said the first government payment for its Australian Perth Wave Energy Project had been approved. The 248,561 Australian dollar handout was for the completion
Read moreAgriterra, an AIM-listed pan-African agricultural company, pleased investors after reporting a production estimate of 2,700m barrels on the South Omo block in Ethiopia, in which the firm holds a one-fifth working interest. The estimate follows an independent assessment of the area, which covers 29
Read moreMcKay Securities, a commercial property developer, has re-let its 100,000 square foot large office property in Glasgow city centre to the Student Loans Company, which now occupies the building as its main head office and administration centre. Its existing leases were due to expire in December 2013
Read morePhilippines-focused miner Medusa Mining saw earnings before interest, tax, depreciation and amortisation double to $63.3m in the six months to 31 December 2010 from $31.5m in the second half of 2009. Revenues surged to a record $78.3m from $41.3m the year before, due to increased gold production a
Read moreCruise operator All Leisure lost £2.1m in the year ended 31 October compared with a profit of £2.7m in 2009 because of one-off charges linked to the valuation of derivative used for hedging purposes. Turnover rose 12% to £82.6m thanks to a full-year contribution from Hebridean Princess and a first
Read moreAfrica-based agricultural group Agriterra says demand for its grain products at Chimoio, Mozambique, continues to grow above historical levels. Demand for bran and maize meal deliveries are said to be increasing both locally and in exports to Zimbabwe. Its cattle ranching operations at Mozbife show
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