Industrial Internet of Things specialist Telit Communications (LON:TCM) has been hit by delayed US certifications for long term evolution (LTE) wireless communication products. Shares down by a third this morning.
eSports business Gfinity Plc (LON:GFIN) is to take its flagship gaming tournament to the other side of the world after a successful debut here in London. Australia will be the second territory to host the Elite Series after the AIM-quoted group inked a joint venture agreement with HT&E Ltd (ASX:HT1) and IKON Media & Entertainment.
Aussie sapphire and gemstone group Richland Resources Ltd (LON:RLD) reported a 66% rise in total income for the first half of 2017, with a tally of US$1.18mln versus US$710,000. It achieved revenues of US$341,000 from sapphire sales in the first quarter, and US$689,000 in the second.
Avacta Group Plc (LON:AVCT) said it is making “significant technical and commercial” headway with its Affimer technology as it updated on its progress. Affimers are small, engineered proteins, some of which are of human origin and some of plant origin, and are capable of binding specific molecular targets in a similar way to antibodies.
Premier African Minerals Limited (LON:PREM) has identified a potential new zone of lithium at its Zulu deposit in Zimbabwe, which it said may be larger than the current resource. At present, Zulu has a resource of 20.1mln tonnes at a grade of 1.06% Li₂O (lithium dioxide) including 7 million tonnes grading 1.5% Li2O and an exploration target of 60-80mln tonnes.
W Resources PLC (LON:WRES) has announced the awarded of the crusher plant contract for its La Parrilla Project in Spain to a subsidiary of Finland’s Metso Corporation for €1.2mln. Big Pic in May.
Drilling has restarted at Metal Tiger PLC’s (LON:MTR) Kalahari copper belt joint venture after its Environmental Management Plan received the green light from the Botswana Department of Environment. Metal and its JV partner MOD Resources Ltd (ASX:MOD) had been waiting on the approvals, which have now been granted through to the end of 2018.
ITM Power plc (LON: ITM) will be launching a series of large scale refuelling station designs at the Hydrogen + Fuel Cells North America trade fair in response to industry demand for larger scale industrial installations.
Mosman Oil & Gas Ltd (LON:MSMN) gave investors an update as efforts to grow production continues at its new projects in America. The AIM-quoted oil minnow said that production at the Strawn project, in Texas, amounted to 440 barrels (gross) in the month of July, it also noted there was a second shipment and sale of oil (amounting to 177 barrels) and it had 650 barrels left in its inventory.
IronRidge Resources Limited (LON:IRR) chief executive, Vincent Mascolo, said he was “excited” at the rapid exploration progress it is making at its Bodite Project based in the Ivory Coast. Grades of up to 3.9 grams per tonne (g/t) of the precious metal were found.
KEFI Minerals plc (LON:KEFI) has noted that Ethiopia has lifted the state of emergency implemented in October 2016. The junior recently agreed a finance package for the construction of the bulk of its Tulu Kapi gold mine in the country.
Bezant Minerals PLC (LON:BZT) has issued more than 12 million new ordinary shares of 0.2p in the capital of the company as it prepares to begin commercial production at its wholly-owned Choco project in Colombia in mid-August.
Africa-focused oil and gas company Tower Resources PLC (LON:TRP) said it has raised £187,890 through an open offer of shares to support its work programme in Cameroon.