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Highlights Argento has acquired 100% of the share capital of WoodBois, a leading global trader and producer of sawn timber, for $14.6m over 3 tranches including c$4m equity Gabon Forestry concession actually 96,851 hectares (vs. 41,278ha initially estimated) Potential annual harvest of over 9 million m³ identified by third party inventory assessor Sawmill capacity of[…]

Procter & Gamble and Domtar Corp have joined the North America Forest & Trade Network (NAFTN) in a bid to make their wood-based products more sustainably sourced. This announcement from the World Wildlife Fund (WWF) is the second development to cast a spotlight on the issue of sustainable forest sourcing. On Tuesday, ForestEthics and Dogwood[…]