Canada-Asia News Service
A daily summary of Canada-Asia business and government news including top headlines from the region. Following a story? Search the archives.
TPG Real Estate, Ivanhoé Cambridge Sell Woolgate Exchange to Taiwan's Cathay Life
Montreal-based Ivanhoé Cambridge and US-based TPG Real Estate announced the sale of Woolgate Exchange to Cathay Life, a Taiwanese insurance firm. Woolgate Exchange is an office building located in the heart of the City of London, close to the Bank of England. Ivanhoé Cambridge is a real estate company and TPG Real Estate is the real estate platform of TPG, global private investment firm.
Analytica Bio-Energy Participates in Wastewater Management Program in China
Mississauga ON-based Analytica Bio-Energy Corp. USA announced that its fully-owned Taiwan subsidiary, Analytica Bio-Energy, has been invited to participate in a Chinese government-mandated wastewater management program. Analytica will assume the lead role in the design and construction of municipal wastewater treatment plants with an initial focus on Shenyang City in China's Liaoning province. Analytica Bio-Energy is an engineering, architectural and construction company.
Alberta, Western Australia Sign MOU on Child Protection
Alberta's Minister of Human Resources, Manmeet S. Bhullar and Helen Morton, Minister of Child Protection for Western Australia, announced the signing of a Memorandum of Understanding (MOU) to formalize a partnership to exchange knowledge, research collaboration and a potential job exchange for child protection caseworkers. The MOU focuses on the Signs of Safety child intervention model which Alberta is implementing across the province. Australia has been leading the implementation of the Signs of Safety model.
Mindoro Resources Signs Two Mining Agreements in the Philippines
Edmonton-based mining company Mindoro Resources Ltd. has announced it has signed two option agreements to acquire an additional 25% interest in the Agata Project and an additional 25% interest in the Tapian San Francisco Project from its Philippine partner, Minimax Mineral Exploration Corporation. Both projects are located in the Surigao mining region on the island of Mindanao, Philippines. Upon exercise of all options, Mindoro will hold a 40% direct and indirect interest in the Agata Project and 100% direct and indirect interest in the Tapian San Francisco Project. Mindoro has also announced that an offtake agreement has been signed by the Agata joint venture. Advance payments of US$2 million have been received by the joint venture.
Minco Silver Acquires 5% Equity Position in Australia's Gold Road Resources
Vancouver-based Minco Silver Corporation announced that it has acquired 5% of the common shares of Gold Road Resources Limited (Gold Road), an Australian-listed exploration company. Gold Road's principal asset is the Gruyere gold deposit in Western Australia. Minco Silver Corporation is focused on the acquisition and development of silver projects.