Standing timber - Market news and analysis

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Tilhill Forestry announced two new senior appointments

Leading UK forestry and timber harvesting company Tilhill Forestry has announced two new senior appointments both of which will be based at its head office in Scotland. Kirsty Adams will join as the new Head of Safety & Assurance and Iggy Dunn has been promoted to Financial Director.Kirsty, from...
yesterday

Pope Resources reported 2Q net income of $158,000

Finance87  
Pope Resources reported net income of $158,000, or $0.03 per ownership unit, on revenue of $15.9 million for the quarter ended June 30, 2017. This compares to net income of $436,000, or $0.09 per ownership unit, on revenue of $12.7 million for the 2Q 2016, as the company said in the press release re...
August 21, 2017

Cambium Global Timberland completes the sale of its Hawaiian assets

Cambium Global Timberland Ltd completes the sale of its Hawaiian assets, namely the leasehold interests at the Pinnacle and Pahala Estates, as the company says in the press release received by Lesprom Network.The escrow agent has paid to the Company the cash proceeds of the sale, representing the to...
August 16, 2017

Keweenaw Land Association reports 2Q net loss of $0.3 million

Finance126  
Keweenaw Land Association, Limited announced 2Q earnings for the period ending June 30, 2017. The company reported a net loss of $273,960, or $0.21 per share, versus net loss of $13,053, or $0.01 per share, in the 2Q 2016. Keweenaw also reported timber sales of $1.7 million for quarter, down $106,97...
August 16, 2017

New Forests announced management changes

New Forests announces changes to its management structure. Director of Operations and Co-Portfolio Manager of the three Australia New Zealand Forest Funds, Keith Lamb has agreed to take on a Non-executive Directorship role with several New Forests managed companies.Mr Lamb joined New Forests with it...
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