first_imgBe Energeticcity.ca staff The next sale is scheduled for April 21 and will offer 30 parcels covering more than 27,000 hectares. The Province raked-in more than $13 million in bonus bids, for the March Oil and Gas land-rights sale.- Advertisement -That’s slightly down from last year’s sale, which generated almost $15 million.Wednesday’s sale offered 77 parcels in northeast B.C., covering 25,171 hectares, and sold 66 parcels covering 18,736 hectares. The average price per hectare for this sale was approximately $715.Included in the sale are four leases for deep-drilling rights in the Blair Creek area, around 105 km northwest of Fort St. John. Bids ranged between roughly $4,000 and $7,000 per hectare, for a total of nearly $6.1 million.Also, two leases were awarded in the eastern portion of the Horn River Basin, about 70 km northeast of Fort Nelson totaling nearly $1.1 million.Advertisementlast_img read more


first_imgAurivo has announced a €7m investment for a liquid milk processing facility in Killygordon.The expansion at Aurivo, the agri-foods business behind brands including Connacht Gold and Donegal Creameries, is part of an overall €48m, five-year, capital investment programme.Co-operatively owned Aurivo is one of the biggest food producers in the west of Ireland, and was among the potential bidders for cross-border rival LacPatrick, losing out to Lakeland Diaries. Aurivo CEO Aaron Forde said the business remains a potential consolidator in the sector, but is also pursuing its own strategic plan, focused on the investment programme.The programme is being funded from a mix of retained earnings, a banking syndicate of AIB, Bank of Ireland and Ulster Bank and capital from the society membership, Mr Forde said.The investment has also been supported through Enterprise Ireland. It is aimed at ensuring capacity to support growth in oversees markets in particular, where there is “fantastic demand” across markets, Mr Forde said.The investment will see milk-processing increase by 25pc, to 500 million litres annually by 2022 and dairy ingredients capacity increase by 50pc. “This is all about working to achieve our vision to outperform our peers by becoming leaders in our chosen markets, regionally, nationally and internationally,” he said.Key Aurivo export products include butter – sold under the Kerry Gold brand mainly to continental Europe – notably Germany – as well as the US; and enriched milk powder which is marketed in African and Middle Eastern markets as an adult nutrition product.Aurivo invest €7M in liquid milk processing plant in Killlygordon was last modified: July 19th, 2018 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Aurivodonegalinvestmentplantprocessinglast_img read more