Daily Timber News http://timberbiz.com.au/dtn/ Your daily source of timber industry news en-au Copyright 2012, timberbiz.com.au Lauren Corsey Mathew Lee Victorian Native Hardwood Residual Timber - Request for Proposals http://www.timberbiz.com.au/dtn/details.asp?ID=770 VicForests is seeking markets for approximately 837,000 tonnes per annum of residual log material, available from Victoria's commercial native forest estate. The Native Forest Biomass for Bio-energy Forum http://www.timberbiz.com.au/dtn/details.asp?ID=769 Timber Communities Australia has issued an invitation to attend the ‘Native forest biomass for bio-energy forum; social, environmental and economic considerations’ on 7 March. Illegal logging information sessions http://www.timberbiz.com.au/dtn/details.asp?ID=768 The Australian Government will be holding public information sessions around the country to inform industry and other interested parties on the Illegal Logging Prohibition Bill 2011 that was introduced into Parliament on 23 November 2011. US bid for ForestrySA http://www.timberbiz.com.au/dtn/details.asp?ID=767 The Future Fund is helping to finance a move by United States timber investment manager The Campbell Group in a A$600 million offer for South Australian forestry assets. Banks give Gunns respite http://www.timberbiz.com.au/dtn/details.asp?ID=766 THE ANZ Bank and nine other banks have extended Gunns Limited's $340 million senior debt and $200 million working capital facility until December 31, 2012, according to Nick Clark writing in The Mercury. Softwood joint venture sale approved http://www.timberbiz.com.au/dtn/details.asp?ID=765 On a more positive note, we are pleased to advise that the sale of the softwood joint venture plantations was finalised today. The Deputy Premier Bryan Green and Forestry Tasmania's chairman Adrian Kloeden announced back in early December that Taswood Growers had reached agreement to sell rights to the plantation estate to Sydney based firm New Forests for $156m. The sale process, which included Foreign Investment Review Board approval, was finalised today, and our share of the proceeds will be used to retire debt. Mill staff stood down http://www.timberbiz.com.au/dtn/details.asp?ID=764 McKay's Timber, the largest family-owned sawmill in Tasmania’s south, has stood down 30 of its workers - about a third its staff. Forestry Tasmania comes out fighting http://www.timberbiz.com.au/dtn/details.asp?ID=763 Forestry Tasmania has come out swinging in the latest round of the fight with anti-forestry activists. FT managing director Bob Gordon landed some heavy blows when he released a report entitled Forest management in Tasmania - the Truth.